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Blossom Company uses a perpetual inventory system. Its beginning inventory consists of 108 units that cost $73 each. During June, (1) the company purchased 323
Blossom Company uses a perpetual inventory system. Its beginning inventory consists of 108 units that cost $73 each. During June, (1) the company purchased 323 units at $73 each on account, (2) returned 13 units for credit, and (3) sold 269 units at $108 each on account Journalize the June transactions. (If no entry is required, select "No entry"for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit No. Account Titles and Explanation (1) (2) (3) (To record sales) (To record cost of goods sold) e Textbook and Media List of Accounts Save for Later Attempts: 1 of 3 used Submit
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