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Dave's Company accounting records yield the following data for the year ended December 31, 2023 (Click the icon to view the accounting records.) Required
Dave's Company accounting records yield the following data for the year ended December 31, 2023 (Click the icon to view the accounting records.) Required 1. Joumalize Dave's Company's inventory transactions for the year in a perpetual system. Use December 31 as the transaction state. No explanations are necessary 2. Report ending inventory, sales, cost of goods sold, and gross margin on the appropriate financial statement Date Accounts December 31 Accounts Payable The next transactic Accounts Receivable Date December 31 Cash Cost of Goods Sold Inventory The last entry is rot Sales Revenue Date December 31 Debit Credit Debit Credit Debil Credit Accounts sold and gross margin on the appropriate financial statement.
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