Skullcandy designs, markets, and distributes audio and gaming headphones, earbuds, and speakers. assume that last year skullcandy reported cost of goods sold of $158 million. assume that this year cost of goods was $117 million. accounts payable was $23 million at the end of last year and $17 million at the end of this year. required: 1. for this year, compute the average number of days that skullcandy’s accounts payable are outstanding.

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Ds unlimited has the following transactions during august. august 6 purchases 58 handheld game devices on account from gamegirl, inc., for $140 each, terms 2/10, n/60. august 7 pays $340 to sure shipping for freight charges associated with the august 6 purchase. august 10 returns to gamegirl three game devices that were defective. august 14 pays the full amount due to gamegirl. august 23 sells 38 game devices purchased on august 6 for $160 each to customers on account. the total cost of the 38 game devices sold is $5,448.51. required: record the transactions of ds unlimited, assuming the company uses a perpetual inventory system. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. round your answers to 2 decimal places.)

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