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Exercise 2 Kersawani Company uses the perpetual inventory system and the average cost formula. The following information is available for the month of June: Date
Exercise 2 Kersawani Company uses the perpetual inventory system and the average cost formula. The following information is available for the month of June: Date Explanation Unit Cost Jun 1 Beginning Inventory 200 $10 Jun 15 Purchase 300 11 Jun 17 Sale 250 Jun 24 Purchase 400 12 Instructions Prepare a schedule to show cost of goods sold and the value of the ending inventory for the month of June
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Intermediate Accounting Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
12th Canadian edition
119-49633-5, 1119496497, 1119496330, 978-1119496496
