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Current Attempt in Progress Blossom Company uses a perpetual inventory system. Its beginning inventory consists of 108 units that cost $73 each. During June (1)
Current Attempt in Progress 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, (2) returned 13 units for credit, and (3) sold 269 units at $108 each. Assume the number of units purchased is the same as the number of units sold. Journalize the June transactions. If no entry is required, select "No entry for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.) No. Account Titles and Explanation (1) (2) (3) 100 (To record sales) (To record cost of goods sold) Debit Credit Blossom Company uses a perpetual imventory system its besinning inventory corrists of 108 units that cost $73 each During June (1) the company purchased 323 units at $73 each, (2) retumed 13 units for credit, and (3) sold 269 units at $108 each. Assume the number of units purchased is the same as the number of units sold. Journalize the fune transactions (tI no entry is nequired, select No entry for the account titles and enter of or the amounts, Credit account tities are outornaticolly indented when amouns is entoned. Do not indenc monually List all debitentrics before credit entries)
Current Attempt in Progress 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, (2) returned 13 units for credit, and (3) sold 269 units at $108 each. Assume the number of units purchased is the same as the number of units sold. Journalize the June transactions. If no entry is required, select "No entry for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.) No. Account Titles and Explanation (1) (2) (3) 100 (To record sales) (To record cost of goods sold) Debit Credit
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