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Required information [The following information applies to the questions displayed below.) Pam's Creations had the following sales and purchase transactions during Year 2. Beginning inventory

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Required information [The following information applies to the questions displayed below.) Pam's Creations had the following sales and purchase transactions during Year 2. Beginning inventory consisted of 160 Items at $84 each. The company uses the FIFO cost flow assumption and keeps perpetual inventory records, Date Transaction Description Mar. 5 Purchased 140 items e$ 94 Apr. 10 Sold 90 items $183 June 19 Sold 155 items $183 90 items e$ 99 Nov. 28 Sold 80 items $188 Sept. 16 Purchased Required a. Record the inventory transactions in general Journal format. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Required information [The following information applies to the questions displayed below.) Pam's Creations had the following sales and purchase transactions during Year 2. Beginning inventory consisted of 160 items at $84 each. The company uses the FIFO cost flow assumption and keeps perpetual inventory records. Date Mar. 5 Apr. 10 June 19 Sept. 16 Nov. 28 Transaction Purchased Sold Sold Purchased Sold Description 140 items e$ 94 90 items $183 155 items $183 90 items$ 99 80 items $188 c. Determine the ending inventory balance Pam's Creations would report on the December 31, Year 2, balance sheet

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