Current Attempt In Progress Swifty Se Uses A Perpetual Inventory System Its Beginning Inventory Consists Of 58 Units Th 1 (30.62 KiB) Viewed 12 times
Current Attempt In Progress Swifty Se Uses A Perpetual Inventory System Its Beginning Inventory Consists Of 58 Units Th 2 (8.27 KiB) Viewed 12 times
Current Attempt in Progress Swifty SE uses a perpetual inventory system. Its beginning inventory consists of 58 units that cost €39 each. During June, (1) the company purchased 173 units at €39 each on account, (2) returned 7 units for credit, and (3) sold 144 units at €58 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) (3) (To record sales) 100
(To record sales) (To record cost of goods sold). ***
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