Question: Davis Parts Shop Inc uses a large amount of supplies

Davis Parts Shop, Inc., uses a large amount of supplies in its business. The following table summarizes selected transaction data for supplies that Davis Parts Shop purchased:


Determine the total purchases of supplies for July alone under each of the following assumptions:
1. Davis Parts Shop, Inc., recognizes purchases when orders are shipped.
2. Davis Parts Shop, Inc., recognizes purchases when orders arereceived.


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  • CreatedSeptember 10, 2014
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