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Requirements 1. Prepare perpetual inventory records for January for Daniels using the FIFO inventory costing method. (Note: You must calculate the cost of goods sold

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Requirements 1. Prepare perpetual inventory records for January for Daniels using the FIFO inventory costing method. (Note: You must calculate the cost of goods sold on the 18th, 28th, and 31st.) 2. Journalize the transactions for January 18th, 28th, and 31st (adjusting entry d only) using the perpetual inventory record created in Requirement 1 Print Done

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