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Prepare a Record the transactions of DS Unlimited

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Reference no: EM132488410

DS Unlimited has the following transactions during August.

August 6 Purchases 72 handheld game devices on account from GameGirl, Inc., for $210 each, terms 2/10, n/60.

August 7 Pays $410 to Sure Shipping for freight charges associated with the August 6 purchase.

August 10 Returns to GameGirl seven game devices that were defective.

August 14 Pays the full amount due to GameGirl.August 23 Sells 52 game devices purchased on August 6 for $230 each to customers on account.

The total cost of the 52 game devices sold is $11,030.00.

Required:

Question 1: Record the transactions of DS Unlimited, assuming the company uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to 2 decimal places.)

Reference no: EM132488410

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