Torez Flower Shop uses a large amount of supplies in its business. The following table summarizes selected

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Torez Flower Shop uses a large amount of supplies in its business. The following table summarizes selected transaction data for supplies that Torez Flower Shop purchased.


Torez Flower Shop uses a large amount of supplies in


Determine the total purchases of supplies for July alone under each of the following assumption:
1. Torez Flower Shop recognizes purchases when orders are shipped.
2. Torez Flowers Shop recognizes purchases when orders arereceived.

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Related Book For  book-img-for-question

Principles Of Financial Accounting

ISBN: 9780538755160

11th Edition

Authors: Belverd E Needles, Marian Powers

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