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Introduction to Accounting An Integrated Approach Eighth Edition Chapter 9 E10.11 0.11 Johnston Industries uses the perpetual inventory system for some of its products. From

Introduction to Accounting An Integrated Approach Eighth Edition Chapter 9 E10.11

0.11 Johnston Industries uses the perpetual inventory system for some of its products. From the following information, prepare the journal entries to record the cost of goods sold under FIFO and LIFO. What is the ending inventory under each cost flow assumption

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