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Use the Flynn Cycles data in S65, except assume that Flynn uses the movingweighted-average-cost method,...

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Accounting

Use the Flynn Cycles data in S65, except assume that Flynn uses the movingweighted-average-cost method, and journalize the following transactions: a. The June 16 purchase of inventory on account b. The June 30 sale of inventory on account; Schwenn sold each bicycle for $240 c. Cost of goods sold

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