Current Attempt in Progress Your Answer Correct Answer Your answer is partially correct. Bridgeport Shoe Sales has a January 31 fiscal year-end. At the start of the year, Bridgeport had 215 pairs of shoes in its inventory at a cost of $ 30 per pair. Assume that the oldest inventory is sold first. Bridgeport uses a perpetual inventory system and estimates returns of 5% on all sales. During the month of February 2022, the following transactions took place: Feb. 4 11 13 18 Purchased 860 pairs for $ 20 each from Sarasota Corp. on account, terms /30. Returned 86 pairs to Sarasota for $ 1.720 credit because the shoes were the wrong size. Sold 210 pairs for $ 90 each to Shoes for Kids, terms /30. Granted credit of $ 990 to Shoes for Kids for the return of 11 pairs that were the wrong colour. The shoes were restored to inventory Paid Sarasota the amount owing Received payment in full from the Shoes for Kids 26 28 Record the February transactions. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts List all debit entries before credit entries. Round Cost of goods sold and inventory return answers to 2 decimal places, eg. 1252.50) (Cost of goods sold recorded) Feb. 28 (Return of shoes) Feb 18 I (Return of shoes, assuming goods are resaleable and returned to inventory) Feb 18 ILI e Textbook and Media Solution List of Accounts Save for Later Attempts: 9 of 15 used Sant Anme