Question
You are given the following information for Carla Vista Company for the month ended November 30, 2024: Date Description Units Unit Cost Nov. 1 Beginning
You are given the following information for Carla Vista Company for the month ended November 30, 2024: Date Description Units Unit Cost Nov. 1 Beginning inventory 60 $50 9 Purchase 100 44 15 Sale (125) 22 Purchase 150 42 29 Sale (160) 30 Purchase 41 41 Carla Vista Company uses a perpetual inventory system. All sales and purchases are on account.
Assume the sales price was $65 per unit for the goods sold on November 15. Prepare the journal entry to record the November 15 sale. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round the average cost per unit and final answers to 2 decimal places, e.g. 5,275.75. List all debit entries before credit entries.)
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