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McKinley Company's inventory records for its retail division show the following at July 31: (Click the icon to view the accounting records.) At July
McKinley Company's inventory records for its retail division show the following at July 31: (Click the icon to view the accounting records.) At July 31, 11 of these units are on hand. Read the requirements. D Data table Beginning inventory 9 units @ $165 = $1,485 5 units @$166-5830 13 units @ $175 = $2,275 Jul 1 of units Jul 15 Purchase Cost of goods sold Jul 26 Purchase Ending inventory
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