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please hurry up Read the following information carefully and answer the following questions Al Lama Trading Company had the following transactions for the month of
please hurry up
Read the following information carefully and answer the following questions Al Lama Trading Company had the following transactions for the month of December 2020. The company is using Perpetual Inventory System. Per Total Date Transaction Units Unit (OMR) (OMR) Beginning 1-Dec 300 5.5 1,650.00 Inventory 5-Dec Purchase 600 5.5 3,300.00 10-Dec Sale 600 10 6,000.00 15-Dec Purchase 1750 5.5 4,125.00 What is the cost of goods sold? What is the value of ending inventory? 5-Dec Purchase 600 5.5 3,300.00 10-Dec Sale 1600 10 6,000.00 15-Dec Purchase 750 5.5 4,125.00 What is the cost of goods sold? What is the value of ending inventory? What is the gross profit? Next pageStep by Step Solution
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