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beginning inventory, purchases and sales for an inventory item are as follows beginning inventory of 24 units sell 5 units purchase 22 units sale 19

beginning inventory, purchases and sales for an inventory item are as follows beginning inventory of 24 units sell 5 units purchase 22 units sale 19 units assuming a perpetual inventory system and the last and first out method determine the cost of the goods sold for the September 30th sale and determine the inventory on September 30th

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