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  3. 1. sep2, business bought $3,750 inventory from dc

1. Sep2, business bought $3,750 inventory from DC Penny Inc. paid in Cash ...

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Accounting

1. Sep2, business bought $3,750 inventory from DC Penny Inc. paid in Cash
2. Sep6, business bought $4,300 inventory from the TJB Inc. Term 1/5, n/30 FOB
3. Sep7, Business purchased $9,200 inventory from Topaz's Inc.Term 1/10, n/30 FOB
4. Sep7. Business paid $235 shipping charges for the inventory purchased on Sep6
5. Sep11, business found $250 defective units from the Sep7 purchase, returned them back to Topaz's Inc.
6. Sep15 business paid TJB Inc in full
7. Sep 25, Business paid Topaz's Inc in full
8. Instead of paying Topaz's Inc on Sep25, What would be the entry if the business was paying
Topaz's Inc on Sep17.
Please use the lecture notes as a reference to complete all the entries under the perpetual inventory system( if any entry is calculation related, please also indicate the calculation details).

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