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Assume Whispering uses a perpetual system. Prepare all necessary journal entries, (If no entry is required, select No entry for the occount titles and enter
Assume Whispering uses a perpetual system. Prepare all necessary journal entries, (If no entry is required, select "No entry" for the occount titles and enter 0 for the amounts. Credit occount titles are outomotically indented when amount is entered. Do not indent manually. List all debit entries before credit entries) (To record the sale) (To record the cost of inventory) (To record the sale) (To record the cost of inventory) Whispering Company sells one product. Presented below is information for January for Whispering Company. Whispering uses the FIFO cost flow assumption. All purchases and sales are on account
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