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des after each transaction. Once all of the transactions have been entered into the perpetus rocord Data table Requirement 3. Prepace a perpetual invertory recoed
des after each transaction. Once all of the transactions have been entered into the perpetus rocord Data table Requirement 3. Prepace a perpetual invertory recoed for the merchandise inventory using the woighted-average inventory costing method. Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new imventory on hand balances after each transaction. Once all of the merchandiso inventory purchased, sold, and on hand at the end of the period. Requirement 4. Determine the compary's cost of goods sold for August using FIFO, LFO, and weighted-average invertory costing methods The cost of goods sold amount for August using Fro imvontory costing is The cost of goods sold amount for Aupust using Lif O inventory costing is The cont of poodn sold amount for August using welghed-average invertory centing is
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