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During the year, Trombley Incorporated has the following inventory transactions. Number Unit Date Transaction of Units Cost Total Cost Jan. 1 Beginning inventory 28
During the year, Trombley Incorporated has the following inventory transactions. Number Unit Date Transaction of Units Cost Total Cost Jan. 1 Beginning inventory 28 $ 30 $ 840 Mar. 4 Purchase 33 29 957 Jun. 9 Purchase 38 28 1,064 Nov.11 Purchase 38 26 988 137 $3,849 For the entire year, the company sells 101 units of inventory for $38 each.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
16th edition
1118742974, 978-1118743201, 1118743202, 978-1118742976
