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The following inventory transactions apply to Green Company for Year 2 . The beginning inventory consisted of 1 9 5 units at $ 1 0
The following inventory transactions apply to Green Company for Year
The beginning inventory consisted of units at $ per unit. All transactions are cash transactions.
Required
a Record these transactions in general journal format assuming Green uses the FIFO cost flow assumption and keeps perpetual
records.
b Compute cost of goods sold for Year
Complete this question by entering your answers in the tabs below.
Record these transactions in general journal format assuming Green uses the FIFO cost flow assumption and keeps perpetual records. If
no entry is required for a transactionevent select No journal entry required" in the first account field.
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