ACCOUNTING-Matlock Company uses a perpetual inventory system.

Matlock Company uses a perpetual inventory system. Its beginning inventory consists of 59 units that cost $40 each. During June, (1) the company purchased 178 units at $40 each, (2) returned 7 units for credit, and (3) sold 148 units at $59 each.

Order your essay today and save 30% with the discount code: KIWI20