On September 1, Howe Office Supply had an inventory of 30 calculators at a cost of $18 each.The company uses a perpetual inventory system. During September, the following transactions occurred.
Sept 6: Purchased 80 calculators at $20 each from DeVito Co. for cash.
Sept 9: Paid freight of $80 on calculators purchased from DeVito Co.
Sept 10: Returned 2 calculators to DeVito Co. for $42 credit (including freight) because they did not meet specifications.
Sept 12: Sold 26 calculators costing $21 (including freight) for $31 each to Mega Book Store, terms n/30.
Sept 14: Granted credit of $31 to Mega Book Store for the return of one calculator that was not ordered.
Sept 20: Sold 30 calculators costing $21 for $31 each to Barbara's Card Shop, terms n/30.
Instructions: Journalize the September transactions.