Question: Select Apparel purchased 90 new shirts and recorded a total

Select Apparel purchased 90 new shirts and recorded a total cost of $2,258 determined as follows:


Required:
Make the needed corrections in this calculation. Give the journal entry(ies) to record this purchase in the correct amount, assuming a perpetual inventory system. Showcomputations.
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  • CreatedJuly 01, 2014
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