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The beginning inventory for Dunne Co . and data on purchases and sales for a three - month period are shown below. Required: Determine (
The beginning inventory for Dunne Co and data on purchases and sales for a threemonth period are shown below.
Required:
Determine A the Ending Inventory on June and B the Cost of Goods Sold for the threemonth period, using the firstin firstout FIFO method and the Periodic Inventory System.
The beginning inventory at Dunne Co and data on purchases and sales for a threemonth period ending June are as follows:
Apr. Inventory $$
tablePurchase,Sale,Sale,
Sle
Sale
Purchase
tableJune Sale,,,$
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