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Sheridan Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases: On June 1, Sheridan sold 40 units, and on

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Sheridan Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases: On June 1, Sheridan sold 40 units, and on August 27,54 more units. Prepare the perpetual inventory record for the above transactions. using FIFO

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