Required Information [The following intormation appives to the questions dispiayed beiow] Kangaroo Jim Company reported...
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Required Information [The following intormation appives to the questions dispiayed beiow] Kangaroo Jim Company reported beginning Inventory of 260 units at a per unit cost of $10. It had the following purchase and sales tr ansadions during the year: April 9 Purchased 179 additional units at a per unit cost of $10 on accoum. Sept amber 2 sold 299 units at a sales price of $35 on accourt. Decamber 31 Count inventory and determined 59 units were still on hand. gquired: Record each tr ansacdlon, assuming that Kangaroo Jim Company uses a perlodic Inventory system. (If no entry Is requlred for a transaction/event, select "No Journal Entry Requlred" In the first account field.'j Journal entry worksheet (1) 56 Record the purchase of 170 additional units at a per unit cost of $10 on account
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