EX 7-6 Perpetual inventory using FIFO Assume that the business in Exercise 7-5...
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EX Perpetual inventory using FIFO Assume that the business in Exercise maintains a perpetual inventory system, costing by the firstin firstout method. Determine the cost of merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit 
EX Perpetual inventory using FIFO
Assume that the business in Exercise maintains a perpetual inventory system, costing by the firstin firstout method. Determine the cost of merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit
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