On September 1, Moreau Office Supply SA had an inventory of 30 calculators at a cost of €22 each. The company uses a perpetual inventory system. During September, the following transactions occurred.
Sept. 6 Purchased with cash 90 calculators at €20 each from Roux Co. SA, terms 2/10, n/30.
9 Paid freight of €180 on calculators purchased from Roux Co.
10 Returned 3 calculators to Roux Co. for €66 credit (including freight) because they did not meet specifications.
12 Sold 28 calculators costing €22 (including freight) for €33 each to Village Book Store, terms n/30.
14 Granted credit of €33 to Village Book Store for the return of one calculator that was not ordered.
20 Sold 40 calculators costing €22 for €35 each to Holiday Card Shop, terms n/30.
Instructions
Journalize the September transactions.