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Ayayai Inc. has provided you with the following information. This company purchases its inventory from a supplier for cash and has only cash sales. Ayayai
Ayayai Inc. has provided you with the following information. This company purchases its inventory from a supplier for cash and has only cash sales. Ayayai uses the average cost formula in a perpetual inventory system. Increased competition has recently reduced the price of the product. Prepare all journal entries for the month of April for Ayayai. (List all debit entries before credit entries. Credit account titles are
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