Project Description:

matlock company uses a perpetual inventory system. its beginning inventory consists of 68 units that cost $41 each. during june, the company purchased 203 units at $41 each, returned 8 units for credit, and sold 169 units at $68 each. journalize the june transactions.




cost of goods soldinventoryaccounts receivableaccounts payablesales

accounts payableinventoryaccounts receivablesalescost of goods sold

(to record inventory purchased.)

inventorysalesaccounts receivablecost of goods soldaccounts payable

cost of goods soldaccounts payableinventoryaccounts receivablesales

(to record inventory returned.)

accounts payableinventoryaccounts receivablesalescost of goods sold

cost of goods soldaccounts payablesalesinventoryaccounts receivable

(to record inventory sold.)

accounts payableaccounts receivablecost of goods soldinventorysales

inventorysalesaccounts payableaccounts receivablecost of goods sold

(to record cost of goods sold.)
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Price Type: Negotiable

Total Proposals: 3
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