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please answer all and show work Assume Bonita uses a perpetual system. Prepare all necessary journal entries, (If no entry is required, select No entry
please answer all and show work
Assume Bonita uses a perpetual system. Prepare all necessary journal entries, (If no entry is required, select "No entry" for the occount titles and enter 0 for the amounts, Credit account titles are automatically indented when amount is entered. Do not indent manually.) Jan13 Accounts Receicable Sales Revenue (To record the sale) Cost of Coods Sold inventory (To record the cost of inventory) Jan20 Imentory Accounts Paysale Jan27 Accounts Receivatile Sales Reverue: 981 Bonita Company sells one product. Presented below is information for January for Bonita Company: Bonita uses the FIFO cost flow assumption. All purchases and sales are on account Step by Step Solution
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