Splish Company sells one product. Presented below is information for January for Splish Company. Splish...
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Accounting
Splish Company sells one product. Presented below is information for January for Splish Company. Splish uses the FIFO cost flow assumption. All purchases and sales are on account: Assume Splish uses a perpetual system. Prepare all necessary journal entries. (ff no entry Is required, select "No entry" for the account titles and enter O for the amounts. Credit account titles are automotically Indented when amount is entered. Do not indent manually. Ust all debit entries before credit entries) (To record the sale) (To record the cost of inventory) (To record the sale) (To record the cost of inventory)
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