Journalize putter choice inventory transactions

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Reference no: EM131815328

Question: Measuring and journalizing merchandise inventory and cost of goods sold-FIFO

Requirements: 1. Prepare a perpetual inventory record for the putters assuming Putter's Choice uses the FIFO method. Then identify the cost of ending inventory and cost of goods sold for the month.

2. Journalize Putter's Choice's inventory transactions using the FIFO inventory costing method and sales are made on account.)

Reference no: EM131815328

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