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Explain the four merchandise inventory methods. Prepare 4 charts using the four different inventory methods using the following transactions: Purchase 25 items at $10.00 Sell
Explain the four merchandise inventory methods.
Prepare 4 charts using the four different inventory methods using the following transactions:
Purchase 25 items at $10.00
Sell 10 items at $20.00
Purchase 15 items at $15.00
Sell 20 items at $20.00
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