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whats the account titles and debit and credits ? Sandhill Company uses a perpetual inventory system. The company began 2024 with 900 lamps in inventory
whats the account titles and debit and credits ?
Sandhill Company uses a perpetual inventory system. The company began 2024 with 900 lamps in inventory at a cost of $11 per unit. During 2024 , Sandhill had the following purchases and sales of lamps: Calculate the cost of goods sold and ending inventory using weighted average. (Round the weighted average cost per unit to 2 decimal places, eg. 5.27 and final answers to 0 decimal ploces, es. 5,275. Prepare journal entries to record the June 6 purchase and the October 18 sale, (Credit occount titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round the overage cost per unit to 2 decimal places, eg. 5.27 and final answers to 0 decimal places, e. . 5,275. List all debit entries before credit entries) Step by Step Solution
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