Delry Appliances on August 1, 2012, Delry Appliances Purchased 75 Refrigerators for Refrigerators

Essay

Delry Appliances
On August 1, 2012, Delry Appliances purchased 75 refrigerators for $45,000 cash and also paid $1,500 transportation costs related to this purchase. On the same date, Delry purchased 100 dishwashers for $20,000 on credit; however, the seller paid the $1,200 freight. The credit terms for the dishwashers were 2/10, n/30. On August 3rd, Delry determined that 5 of the refrigerators were defective, so they were returned to the seller. Delry paid for the dishwashers on August 9th. On August 10th, Delry purchased 90 microwave ovens for $9,000 on credit with terms 1/10, n/30. The seller paid the freight. Delry paid for the microwave ovens on August 21st. Delry uses a perpetual inventory system.
Refer to the information presented for Delry Appliances. On August 12th, Delry sold 10 dishwashers to customers for $550 each. Delry paid $200 for these dishwashers when it purchased them from the supplier on August 1st.
Record the journal entries for this sale.