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Please help to complete b1 and b2. Sheffield Corporation began operations on December 1,2024. The only inventory transaction in 2024 was the purchase of inventory

Please help to complete b1 and b2. Sheffield Corporation began operations on December 1,2024. The only inventory transaction in 2024 was the purchase of inventory on December 10, 2024, at a cost of $ \$ 24 $ per unit. None of this in 1 answer

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