Business
Business, 16.06.2020 16:57, officialalex6330

Bingerton Industries uses a perpetual inventory system. The company began the year with inventory of $89,000. Purchases of inventory on account during the year totaled $314,000. Inventory costing $339,000 was sold on account for $528,000. Required:
Record transactions for the purchase and sale of inventory.

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Bingerton Industries uses a perpetual inventory system. The company began the year with inventory of...

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