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How do journalize the september transactions

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Reference no: EM132473726

On September 1, Monty Office Supply had an inventory of 30 calculators at a cost of $16 each. The company uses a perpetual inventory system. During September, the following transactions occurred.

Point 1: Sept.6 Purchased 100 calculators at $21 each from York Co.

Point 2: Sept.9 Paid freight of $100 on calculators purchased from York Co.

Point 3: Sept.10 Returned 2 calculators to York Co. for $44 cash (including freight) because they did not meet specifications.

Point 4: Sept.12 Sold 27 calculators costing $22 (including freight) for $32 each on account to Sura Book Store, terms n/30.

Point 5: Sept.14 Granted credit of $32 to Sura Book Store for the return of one calculator that was not ordered.

Point 6: Sept.20 Sold 31 calculators costing $22 for $33 each on account to Davis Card Shop, terms n/30.

Question 1: How do Journalize the September transactions. ?

Reference no: EM132473726

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