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5th half question Question 5 of 6 Ending inventory Cost of goods sold s Gross profit e Textbook and Media List of Accounts Assume Blossom

5th half question
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Question 5 of 6 Ending inventory Cost of goods sold s Gross profit e Textbook and Media List of Accounts Assume Blossom uses FIFO perpetual Calculate the cost of ending inventory.cost of goods sold and gross profit. Ending inventory $ Cost of goods sold $ Gross profit $ e Textbook and Media List of Accounts Prepare journal entries to record the July 10 purchase and the July 11 sale using (1) FIFO periodic and (2) FIFO perpetual. Assume both the sale and purchase were for cash. (if no entry is required, select "No Entry for the account titles and enter for the amounts Credit occount cities are automatically indented when the amount is entered. Do not indent manually.) (1) FIFO periodic Date Account Titles and Explanation Debit July 10 (To record cash purchase. July (To record cash sale.) Question 5 of 6 Ending inventory Cost of goods sold s Gross profit e Textbook and Media List of Accounts Assume Blossom uses FIFO perpetual Calculate the cost of ending inventory.cost of goods sold and gross profit. Ending inventory $ Cost of goods sold $ Gross profit $ e Textbook and Media List of Accounts Prepare journal entries to record the July 10 purchase and the July 11 sale using (1) FIFO periodic and (2) FIFO perpetual. Assume both the sale and purchase were for cash. (if no entry is required, select "No Entry for the account titles and enter for the amounts Credit occount cities are automatically indented when the amount is entered. Do not indent manually.) (1) FIFO periodic Date Account Titles and Explanation Debit July 10 (To record cash purchase. July (To record cash sale.)

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