During January,a company that uses a perpetual inventory system had beginning inventory,purchases,and sales as follows: Prepare a schedule to show the cost of goods sold and ending inventory using the FIFO cost flow assumption.

Question

During January,a company that uses a perpetual inventory system had beginning inventory,purchases,and sales as follows:  Prepare a schedule to show the cost of goods sold and ending inventory using the FIFO cost flow assumption.

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The Answer of During January,a company that uses a perpetual inventory system had beginning inventory,purchases,and sales as follows:  Prepare a schedule to show the cost of goods sold and ending inventory using the FIFO cost flow assumption.

During January,a Company That Uses a Perpetual Inventory System Had