Business, 27.06.2019 07:30 krutikov686
Tetra company purchased 2,000 units of inventory that cost $4.00 each on january 1, year 1. an additional 3,000 units of inventory were purchased on january 12, year 1 at a cost of $4.20 each. tetra company sold 4,000 units of inventory on january 20, year 1. assuming that tetra co. uses the perpetual inventory method and a fifo cost flow method, how would the entry to recognize the cost of goods sold affect the financial statements?
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The larger the investment you make, the easier it will be to: get money from other sources. guarantee cash flow. buy insurance. streamline your products.
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Tetra company purchased 2,000 units of inventory that cost $4.00 each on january 1, year 1. an addit...
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