Question: 1. List and explain the steps in preparing a 10-column worksheet. 2. Describe the recording process (including costs) for purchasing and sale of merchandise inventory

1. List and explain the steps in preparing a 10-column worksheet.

2. Describe the recording process (including costs) for purchasing and sale of merchandise inventory using a perpetual inventory system.

3. Identify and describe the four inventory valuation methods.

Ps: Please help me with the specific answers. Thank you for your support.

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