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James Capital L Question 2 The following stock transactions took place in ABC Limited Company during the month of March 2020. (5 Points) Balane Balance

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James Capital L Question 2 The following stock transactions took place in ABC Limited Company during the month of March 2020. (5 Points) Balane Balance (March 1) 200 units at $80 each 400 units at $85 each Receipts/Purchases in March 05 Mar 200 units at $100 each 10 Mar 900 units at $120 each Issues/Sales in March 07 Mar 600 units 09 Mar 100 units 15 Mar 700 units Required Using the FIRST IN FIRST OUT (FIFO) method of stock valuation, record the above stock movements

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