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Brief Exercise 8-2 Larkspur Company uses a perpetual inventory system. Its beginning inventory consists of 110 units that cost $75 each. During June, (1) the

Brief Exercise 8-2 Larkspur Company uses a perpetual inventory system. Its beginning inventory consists of 110 units that cost $75 each. During June, (1) the company purchased 330 units at $75 each, (2) returned 13 units for credit, and (3) sold 275 units at $110 each. Journalize the June transactions. (To record sales) (To record cost of goods sold)

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