GameGirl, Incorporated, has the following transactions during August. August 6 Sold 54 handheld game devices for...

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GameGirl, Incorporated, has the following transactions during August. August 6 Sold 54 handheld game devices for $120 each to DS Unlimited on account, terms 1/10, net 60. The cost of the 54 game devices sold was $100 each. August 10 ós unlimited returned four game devices purchased on August 6 since they were defective. August 14 Received full amount due from DS Unlimited. Required: Prepare the transactions for GameGirl, Incorporated, assuming the company uses a perpetual inventory system. The items returned on August 10 were considered worthless to GameGirl and were discarded. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View journal entry worksheet View transaction list No Date General journal Debit Credit 1 August 06 No Transaction Recorded GameGirl, Incorporated, has the following transactions during August. August 6 Sold 54 handheld game devices for $120 each to DS Unlimited on account, terms 1/10, net 60. The cost of the 54 game devices sold was $100 each. August 10 ós unlimited returned four game devices purchased on August 6 since they were defective. August 14 Received full amount due from DS Unlimited. Required: Prepare the transactions for GameGirl, Incorporated, assuming the company uses a perpetual inventory system. The items returned on August 10 were considered worthless to GameGirl and were discarded. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View journal entry worksheet View transaction list No Date General journal Debit Credit 1 August 06 No Transaction Recorded

Answer rating: 100% (QA)

Date General Journal Debit Cedit August 06 Accounts Receivables Sales ... View the full answer