Assume that on September Office Depot had an inventory that included a variety of calculators. The company uses a perpetual
inventory system. During September, these transactions occurred.
Sept. Purchased calculators from Wildhorse Co at a total cost of $ on account, terms
Paid freight of $ on calculators purchased from Wildhorse Co
Returned calculators to Wildhorse Co for $ credit because they did not meet specifications.
Sold calculators costing $ for $ to Fryer Book Store, on account, terms
Granted credit of $ to Fryer Book Store for the return of one calculator that was not ordered. The calculator cost $
Sold calculators costing $ for $ to Heasley Card Shop, on account, terms
Journalize the September transactions. If no entry is required, select No Entry" for the account titles and enter O for the amounts. Credit
account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the
problem. List all debit entries before credit entries.
