Question: View Policies Current Attempt in Progress On September 1. the beginning of its hiscal year Campus Office Supply Ltd, had an inventory of 94 calculators

View Policies Current Attempt in Progress On September 1. the beginning of its hiscal year Campus Office Supply Ltd, had an inventory of 94 calculators at a cost of $20 each The company uses a perpetual inventory System During September, the following transactions occurred: Sept. 2 10 Purchased 705 calculators for $20 each from Digital Corp, on account terms 1/30, Returned 15 calculators to Digital for $300 credit because they did not meet specifications Sold 280 calculators for 530 each to Campus Book Store, termsr30, Management estimates returns of 4% based on prior experience. 11 14 Granted credit of $450 to Campus Book Store for the return of 15 calculators that were not ordered. The calculators were restored to inventory 29 Paid Digital the amount owing 30 Received payment in full from the Campus Book Store 30 4 Date Account is are laparton Debt ae V IEW HER 1 les
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