E9-5 Use the data in Exercise 9-4 to journalize the following for the perpetual inventory system. a.
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E9-5 Use the data in Exercise 9-4 to journalize the following for the perpetual inventory system.
a. Total October purchases in one summary entry. All purchases were on credit.
b. Total October sales in a summary entry. The selling price was $300 per unit and all sales were on credit. Flexon Prosthetics uses FIFO.
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Accounting
ISBN: 9780130906991
5th Edition
Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones
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