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What would the LIFO be? Prepare a perpetual inventory record for the merchandise inventory using the LIFO inventory costing method. by entering the beginning inventory

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Prepare a perpetual inventory record for the merchandise inventory using the LIFO inventory costing method. by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transactions. Once all of the transactions have been entered the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first.)

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