Refer to the transactions in E6-9.
In E 9
August 7 Pays $300 to Sure Shipping for freight charges associated with the August 6 purchase.
August 10 Returns to Game Girl five game devices that were defective.
August 14 Pays the full amount due to Game Girl.
August 23 Sells 30 game devices purchased on August 6 for $120 each to customers on account. The total cost of the 30 game devices sold is $3,170.
Required:
Prepare the transactions for GameGirl, Inc., assuming the company uses a perpetual inventory system. Assume the 50 game devices sold on August 6 to DS Unlimited had a cost to GameGirl of $80 each. The items returned on August 10 were considered worthless to GameGirl and were discarded.