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Question 20 The following data was extracted from the records of Today Company. Sales revenue 600 units at $45 per unit Beginning inventory 200 units
Question 20 The following data was extracted from the records of Today Company. Sales revenue 600 units at $45 per unit Beginning inventory 200 units at $24 per unit Purchases 800 units at $35 per unit What is the gross profit using the average method? $7,320 $27,000 $12,600 $6,000 A Moving to another question will save this response Huston Company bought a new truck. The journal entry to record depreciation expense for the Truck is. debit Depreciation Expense, credit Truck. debit Accumulated Depreciation, credit Truck. debit Depreciation Expense, credit Accumulated Depreciation debit Truck, credit Accumulated Depreciation
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