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Skysong Compary uses a perpetual inventory system. Its beginning imventory consists of 65 units that cost $44 each. During June, (1) the company purchased 195

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Skysong Compary uses a perpetual inventory system. Its beginning imventory consists of 65 units that cost \$44 each. During June, (1) the company purchased 195 units at $44 each, (2) returned 8 units for credit, and (3) sold 163 units at $65 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 tibles are cutomatically indented when amount is entered. Do not indent manually, List all debit entries before credit entries.)

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