fill in charts ssignment CALCULATOR MESSAGE M?N Exercise 5-3 on September 1, Riv
ID: 2409832 • Letter: F
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fill in charts
ssignment CALCULATOR MESSAGE M?N Exercise 5-3 on September 1, Riverbed Office Supply had an inventory of 35 calculators at a cost of $14 each. The company uses a perpet Sept. 6 Purchased with cash 90 calculators at $23 each from Pharoah Company d Office Supply had an inventory of 35 calcul the following transactions occurred. Sept. 9 Paid freight of $90 on calculators purchased from Pharoah Company sept. 10 Returned 5 calculators to Pharoah Company for $120 cash (including freight) because they did not meet specifications. Sept. 12 Sold 27 calculators costing $24 (induding freight) for $32 each on account to Lee Book Store, terms n/30 Sept. 14 Granted credit of $32 to Lee Book Store for the return of one calculator that was not orde .5 s by te sold 34 calculators costing $24 for $36 each on account to Orr's Card Shop, terms n/30 Sept. 20 Journalize the September transactions. (Credit account titles are automat transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit CreditExplanation / Answer
Date Account Titles and Explanation Debit Credit Sept 6 Inventory (90 X $23) $ 2,070 Cash $ 2,070 Sept 9 Inventory $ 90 Cash $ 90 Sept 10 Cash $ 120 Inventory $ 120 Sept 12 Accounts Receivable (27 X $32) $ 864 Sales Revenue $ 864 Cost of Goods Sold (27 X $24) $ 648 Inventory $ 648 Sept 14 Sales Returns and Allowances $ 32 Accounts Receivable $ 32 Inventory $ 24 Cost of Goods Sold $ 24 Sept 20 Accounts Receivable (34 X $36) $ 1,224 Sales Revenue $ 1,224 Cost of Goods Sold (34 X $24) $ 816 Inventory $ 816
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