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Novak Company uses a perpetual inventory sysym. Its beginning inventory consists of 113 units that cost $77 each. During June (1) the company purchased 338

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Novak Company uses a perpetual inventory sysym. Its beginning inventory consists of 113 units that cost $77 each. During June (1) the company purchased 338 units at $77 each of account, (2) returned 14 units for credit, and (3) sold 281 units at $113 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) No. Account Titles and Explanation Debit Credit (1) (2) 3 (3) (To record sales)

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