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Periodic Inventory by Three Methods
Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1, purchases invoices during the next 12 months, and th inventory count at December 31 are summarized as follows:
Purchases Invoices
\table[[ModelA10,\table[[Inventory,],[January 1]],1st,2nd,3rd,\table[[\table[[Inventory Count,],[December 31]]],[5]]],[-,,4 at,$32,4 at,$35,4 at,$38
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