Cullumber Company uses a perpetual inventory system. Its beginning inventory consists of 100 units that cost $68

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Cullumber 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,

(2) returned 12 units for credit, and

(3) sold 250 units at $100 each.

Journalize the June transactions.

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Financial Accounting with IFRS Fold Out Primer

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5th edition

Authors: John Wild

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Posted Date: Jan 19, 2021 10:09 AM

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Cullumber Company uses a perpetual inventory system. Its beginning inventory consists of 100 units that cost $68

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Financial Accounting with IFRS Fold Out Primer

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