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The following units of an item were available for sale during the year: Beginning inventory 30 units at $49 Sale 22 units at $71 First
The following units of an item were available for sale during the year: Beginning inventory 30 units at $49 Sale 22 units at $71 First purchase 24 units at $50 Sale 12 units at $72 Second purchase 28 units at $52 Sale 24 units at $73 The firm uses the perpetual inventory system, and there are 24 units of the item on hand at the end of the year
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
