DS Unlimited has the following transactions during August.
August Purchases handheld game devices on account from GameGirl,
Incorporated, for $ each, terms
August Pays $ to Sure Shipping for freight charges associated with the
August purchase.
August Returns to GameGirl six game devices that were defective.
August Pays the full amount due to GameGirl.
August Sells game devices purchased on August for $ each to
customers on account. The total cost of the game devices sold is
$
Required:
Record the transactions of DS Unlimited, assuming the company uses a periodic
inventory system.
Record the periodend adjusting entry to cost of goods sold on August assuming
the company has no beginning inventory and ending inventory has a cost of $
Complete this question by entering your answers in the tabs below.
Record the transactions of DS Unlimited, assuming the company uses a periodic inventory sy:
transactionevent select No Journal Entry Required" in the first account field.
Journal entry worksheet
Record purchase of handheld game devices on account from GameGirl,
Incorporated, for $ each, terms n
Note: Enter debits before credits.
