Questions 12-13 of 14) M6-7 Recording Journal Entries for Purchases and Sales Using a Perpetual I… Assignment Help

  

I need help to answer this question, please!ThanksShow transcribed image text Questions 12-13 of 14) M6-7 Recording Journal Entries for Purchases and Sales Using a Perpetual Inventory System ILO 63, LO 6-5 IThe following Informaton apples to the questions displayed below) Inventory at the beginning of the year cost $13.200. During the year, the company purchased (on account) inventory costing $83000. Inventory that had cost $79 000 was sold on account for $94b00 At the end of the year, inventory was counted and its cost was determined to be $17200. References Section Break M6-7 Recording Journal Entries for Purchases and Sales Using a Perpetual Inventory System ILO 6-3, LO 6-5)

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