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Record sales on account. 2 Record cost of sales on goods sold on account. 3 Record purchase of goods on account. 4 Record sales on
Record sales on account. 2 Record cost of sales on goods sold on account. 3 Record purchase of goods on account. 4 Record sales on account. 5 Record cost of sales on goods sold on account. 6. Record purchase of goods on account. Note : = joumal entry has been entered Neverstop Corporation sells item A as part of its product line. Information about the beginning inventory, purchases, anc sales of item A are given in the following table for the first six months of the current year. The company uses a perpetual inventory system: Required: 1. Compute the cost of ending inventory by using the weighted-average costing method. (Do not round intermediate calculations and round the final answer to 2 decimal places.)
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