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Records Ken's Company accounting records yield the following data for the year ended December 31, 2023. (Click the icon to view the accounting records.) Required

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Records Ken's Company accounting records yield the following data for the year ended December 31, 2023. (Click the icon to view the accounting records.) Required 1. Jourralize Ken's Company's inventory transactions for the year in a perpetual system. Uie December 31 as the tranaaction date. No oxplanations are necesary 2. Report ending inventory, sales, cost of goods sold, and gross margin on the appropriate financial statement. Requirement 1. Joumaize. Ken's Company's inventory transactions for the year in the perpetuial system. The first transaction is the purchase of inventory. Record the entry. (Record debits first, then credits. Exclude explanations from journal entries.) Ken's Company accounting records yield the following data for the year ended December 31, 2023. The next transaction is the sale of inventory. Record the entry. The last entry is recording the cost of inventory. Record the entry. Requirement 2. Report ending inventory, sales, cost of goods sold, and gross margin on the appropriate financial statement. Requirement 2. Report ending inventory, sales, cost of goods sold, and gross margin on the appropriate financial statement. Report ending inventory on the balance sheet. Report sales, cost of goods sold, and gross margin on the income statement

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