journalize the july 16 purchase of merchandise inventory on account and the July 31 sale of merchandise inventory on account

1. Prepare Montana Cycle's perpetual inventory record assuming the company uses the specific identification inventory costing method Assume that Montana sold 20 bicycles that cost $36 each and 13 bicycles that cost $60 each 1. Prepare Montana Cycle's perpetual inventory record assuming the company uses the specific identification inventory costing method Assume that Montana sold 20 bicycles that cost $36 each and 13 bicycles that cost $60 each