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fasssttt as possible Crane Company uses a perpetual inventory system. The following information is available for November: Assume all sales and purchases are on credit.
fasssttt as possible
Crane Company uses a perpetual inventory system. The following information is available for November: Assume all sales and purchases are on credit. Prepare journal entries to record the November 4 purchase and the November 12 sale using welghted average. (Credit account titles are outomatically indented when the omount is entered. Do not indent manudly. If no entry is required, select "No Entry" for the occount tites and enter O for the amounts. Round the overoge cost per unit to three decimal places, e.g. 5.275 and final answers to 0 decimal places, eg. 5,275.) Step by Step Solution
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