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need jounal entries for 2,4 and 5 Required information [The following information applies to the questions displayed below.] Laker Company reported the following January purchases
need jounal entries for 2,4 and 5
Required information [The following information applies to the questions displayed below.] Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 380 units from the January 30 purchase, 5 units from the January 20 purchase, and 25 units from beginning inventory. ecord journal entries for Laker Company's sales and purchases transactions. Assume for this assignment that the company uses a erpetual inventory system and FIFO. All sales and purchases are made on account, and no discounts are offered. Vow Journal entry worksheet Step by Step Solution
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