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Q Date Sep. 1 Item Balance Unit Cost $ 64 0 Sale uantity 10 5 15 15 8 Purchase $ 72 Sale 30 Sale Requirement
Q Date Sep. 1 Item Balance Unit Cost $ 64 0 Sale uantity 10 5 15 15 8 Purchase $ 72 Sale 30 Sale Requirement 2. Journalize Putter's Paradise's inventory transactions using the FIFO inventory costing method. (Assume purchases and sales are made on account.) (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin by recording the entry to record the sale of the putters on account on the 6th. Date Accounts and Explanation Debit Credit Sep. 6
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