Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During September, these transactions occurred. Sept. 6 Purchased calculators from Carla Vista Co. at a total cost of $1,720, terms n/30.
9 Paid freight of $60 on calculators purchased from Carla Vista Co.
10 Returned calculators to Carla Vista Co. for $68 credit because they did not meet specifications.
12 Sold calculators costing $590 for $790 to Fryer Book Store, terms n/30.
14 Granted credit of $40 to Fryer Book Store for the return of one calculator that was not ordered. The calculator cost $30.
20 Sold calculators costing $570 for $740 to Heasley Card Shop, terms n/30.
Prepare the journal entriy for the Office Depot.