Business, 26.03.2020 22:22 JAlvelo

Kingbird Company uses a perpetual inventory system. Its beginning inventory consists of 103 units that cost $70 each. During June, (1) the company purchased 308 units at $70 each on account, (2) returned 12 units for credit, and (3) sold 256 units at $103 each. Journalize the June transactions.

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Kingbird Company uses a perpetual inventory system. Its beginning inventory consists of 103 units th...

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