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The Shirt Shop had the following transactions for T-shirts for 2016, its first year of operations: Jan. 20 Purchased 400 units @ $8 = $
| The Shirt Shop had the following transactions for T-shirts for 2016, its first year of operations: |
| Jan. 20 | Purchased | 400 units @ $8 | = | $ | 3,200 | |
| Apr. 21 | Purchased | 200 units @ $10 | = | 2,000 | ||
| July 25 | Purchased | 280 units @ $13 | = | 3,640 | ||
| Sept. 19 | Purchased | 90 units @ $20 | = | 1,800 | ||
| During the year, The Shirt Shop sold 810 T-shirts for $20 each. |
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Financial Accounting A Course For All Majors
Authors: David W. OBryan
1st Edition
1617350958, 978-1617350955
