$10$

Exercise $6-11($Algo$)$ Record transactions using a perpetual system $($LO$6-5)$

DS Unlimited has the following transactions during August.

August $6$ Purchases $54$ handheld game devices on account from GameGirl, Incorporated, for $$120$ each, terms $\frac{1}{10},$ n$/60.$

August $7$ Pays $$320$ to Sure Shipping for freight charges associated with the August $6$ purchase.

August $10$ Returns to GameGirl four game devices that were defective.

August $14$ Pays the full amount due to GameGirl.

August $23$ Sells $34$ game devices purchased on August $6$ for $$140$ each to customers on account. The total cost of the $34$ game devices sold is $$4,257\mathrm{.}00.$

Required:

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.$)$

References

View transaction list

View journal entry worksheet

$\backslash$table$[[,$No$,$Date,General Journal,Debit,Credit$],[0,1,$August $06,$Inventory,$6,480\mathrm{.}00,],[,,$Accounts Payable,,$6,480\mathrm{.}00$