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A company purchased inventory as follows: 150 units at $10 350 units at $12 The average unit cost for inventory is: a. $12.00 b. $11.40

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A company purchased inventory as follows: 150 units at $10 350 units at $12 The average unit cost for inventory is: a. $12.00 b. $11.40 c. $11.00 d. $10.00 Notification by the bank that a deposited customer check was returned NSF requires that the company make the following adjusting entry: Cash D . A/R D AIR b. A/P AIR C. D Cash D A/P d. . A/R

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