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ROUYA industry has a beginning inventory of 70 units that cost 50 each. During June, the company purchased 200 units at 50 each for credit,

ROUYA industry has a beginning inventory of 70 units that cost 50 each. During June, the company purchased 200 units at 50 each for credit, returned 5 units for credit, and sold 100 units at 50. each. Instructions: Journalize all of June transactions: a. Assuming that the company uses the perpetual method. b. Assuming that the company uses the periodic method. L

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