Oriole Company uses a perpetual inventory system. Its beginning inventory consists of 100 units that cost...

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Oriole Company uses a perpetual inventory system. Its beginning inventory consists of 100 units that cost $68 each. During June, (1) the company purchased 300 units at $68 each on account, (2) returned 12 units for credit, and (3) sold 250 units at $100 each on account Journalize the June transactions. (If no entry is required, select "No entry" for the account titles and enter O 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) (To record sales) (To record cost of goods sold) Oriole Company uses a perpetual inventory system. Its beginning inventory consists of 100 units that cost $68 each. During June, (1) the company purchased 300 units at $68 each on account, (2) returned 12 units for credit, and (3) sold 250 units at $100 each on account Journalize the June transactions. (If no entry is required, select "No entry" for the account titles and enter O 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) (To record sales) (To record cost of goods sold)