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California Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. cord journal entries for

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California Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. cord journal entries for California Company's sales and purchases transactions. Assume for this assignment that the company use rpetual inventory system and FIFO. All sales and purchases are made on account, and no discounts are offered

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