Ashley Company uses a perpetual inventory system. From the following information, prepare an inventory record form (a)

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Ashley Company uses a perpetual inventory system. From the following information, prepare an inventory record form

(a) Assuming that the FIFO method is in use

(b) Assuming that the LIFO method is in use.

Assume on January 1, 201X, a beginning inventory of 806 units at a cost of $12 each.

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College Accounting A Practical Approach

ISBN: 9780134729312

14th Edition

Authors: Jeffrey Slater, Mike Deschamps

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