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Blossom Company sells one product. Presented below is information for January for Blossom Company. Jan. 1 4 11 13 Inventory Sale Purchase Sale Purchase Sale
Blossom Company sells one product. Presented below is information for January for Blossom Company. Jan. 1 4 11 13 Inventory Sale Purchase Sale Purchase Sale 123 units at $5 each 98 units at $8 each 136 units at $6 each 103 units at $9 each 169 units at $7 each 108 units at $11 each 20 27 Blossom uses the FIFO cost flow assumption. All purchases and sales are on account. Date Account Titles and Explanation Debit Credit (To record the sale) (To record the cost of inventory) A Q Aca Que Accor (To record the sale) Que Accou
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