Windsor Company uses a perpetual inventory system. Its beginning inventory consists of 70 units that cost $40 each. During June (1) the company purchased 210 units at $48 each on account, (2) returned & units for credit, and (3) sold 175 units at $70 each on account. Joumain the June transactions (Il no matry 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) merchandise inventory 400 Accounts Payable 400 (2) 320 Accounts Payable merchandise inventory 220 (3) Accounts Receivable 12250 12250 Sales Revenio To record sales 7000 Cont of Goods Sold 7000 merchandise inventory To record cost of goods sold) Click if you would like to show Work for this question on work