Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

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(Supplement 7C) Recording Purchases and Sales Using Perpetual and Periodic Inventory Systems
Kangaroo Jim Company reported beginning inventory of 100 units at a per unit cost of $25. It had the following purchase and sales transactions during 2012:

Required:
Record each transaction, assuming that Kangaroo Jim Company uses ( a ) a perpetual inventory system and ( b ) a periodic inventory system.