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Inventory data for Bonita Company are reported as follows. Unit Total Date Explanation Units Cost Cost June 1 Inventory 150 $4 $600 12 Purchase
Inventory data for Bonita Company are reported as follows. Unit Total Date Explanation Units Cost Cost June 1 Inventory 150 $4 $600 12 Purchase 450 5 2,250 23 Purchase 360 6 2,160 30 Inventory 120 Assume a sale of 460 units occurred on June 15 for a selling price of $8 and a sale of 380 units on June 27 for $9.
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Principles Of Accounting
Authors: Robert Libby, Patricia Libby, Fred Phillips, Stacey Whitecotton
1st Edition
978-0077300456, 0077300459
