DS Unlimited has the following transactions during August.

August 6 Purchases 80 handheld game devices on account from GameGirl, Inc., for $250 each, terms 2/10, n/60.
August 7 Pays $450 to Sure Shipping for freight charges associated with the August 6 purchase.
August 10 Returns to GameGirl five game devices that were defective.
August 14 Pays the full amount due to GameGirl.
August 23 Sells 60 game devices purchased on August 6 for $270 each to customers on account. The total cost of the 60 game devices sold is $15,060.00.

Required:
Record the transactions of DS Unlimited, assuming the company uses a perpetual inventory system.

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.