Question
Perpetual inventory record Msica y Ms had an inventory of guitars and other musical instruments. Using the average inventory method and the perpetual inventory system,
Date | Detail | Quantity | (unit cost) |
May 1 | Initial inventory | 8 | $82 |
6 | Sale | 3 | |
8 | Purchase | 20 | 83 |
13 | Sale | 4 | |
30 | Sale | 6 |
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Principles of Accounting
Authors: Needles, Powers, crosson
11th Edition
1439037744, 978-1133626985, 978-1439037744
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