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You have the following information for Lily Inc. for the month ended June 30, 2022. Lily uses a periodic inventory system. Unit Cost or
You have the following information for Lily Inc. for the month ended June 30, 2022. Lily uses a periodic inventory system. Unit Cost or Date Description Quantity Selling Price June 1 Beginning inventory 40 $60 June 4 Purchase 135 63 June 10 Sale 110 90 June 11 Sale return 15 90 June 18 Purchase 55 66 June 18 Purchase return 10 66 June 25 Sale 65 96 June 28 Purchase 35 70
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
