Journalize the August transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record...

Larkspur, Inc. uses a perpetual inventory system. Its beginning inventory consists of 210 units that cost $ 210 each. During August, the company purchased 310 units at $ 210 each, returned 6 units for credit, and sold 410 units at $ 360 each.

Extracted text: Journalize the August transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record purchase of inventory) (To record purchase return of inventory) (To record sales) (To record cost of goods sold)