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Business, 27.03.2021 04:10 izzy0627

Matlock Company uses a periodic inventory system. Its beginning inventory consists of 50 units that cost $ 34 each. On June 3, the company purchased 150 units at $ 34 each. On June 15, the company sold 125 units at $ 50 each. Thecompany closes the books on June 30. The physical counts indicate that 75 units are available in the warehouse on June 30. Journalize the June transactions.

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Matlock Company uses a periodic inventory system. Its beginning inventory consists of 50 units that...
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