Ch07P1B - Units Cost Total Totals $- $- $- Weighted Average...

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Problem 7-1B Clinton Company Using a perpetual inventory system determine: Jan. 1 Beginning inventory 600 units @ $55 = FIFO Feb. 13 Purchases 200 units @ 57 = Purchases Sales Balance Date Units Cost Total Units Cost Total Units Cost Total Aug. 5 Purchases 345 units @ 59 = Totals Sales information: Feb. 15 Sales 300 units @ $90 Aub. 10 Sales 335 units @ 90 Totals 0 $- 0 $- 0 $- LIFO Purchases Sales Balance Date Units Cost Total Units Cost Total
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Unformatted text preview: Units Cost Total Totals $- $- $- Weighted Average Purchases Sales Balance Date Units Cost Total Units Cost Total Units Cost Total Totals $- $- $- Specific Identification Purchases Sales Balance Date Units Cost Total Units Cost Total Units Cost Total Totals $- $- $- 3. General Journal Date Accounts and explanation PR Debit Credit Dec. 31...
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Ch07P1B - Units Cost Total Totals $- $- $- Weighted Average...

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