Question: complete and correct the wrong answers in red colors Exercise 8-9 Blue Company sells one product. Presented below is information for January for Blue Company

complete and correct the wrong answers in red colors

complete and correct the wrong answers in red colors Exercise 8-9 Blue Company sells one product. Presented below is information for January for Blue Company Jan. 1 125 units at $4 each 104 units at $8 each 158 units at $6 each 130 units at $9 each 149 units at $6 each Inventory 4 Sale 11 13 Sale 20 27 Sale Purchase Purchase 87 units at $11 each Blue uses the FIFO cost flow assumption. All purchases and sales are on account

Exercise 8-9 Blue Company sells one product. Presented below is information for January for Blue Company Jan. 1 125 units at $4 each 104 units at $8 each 158 units at $6 each 130 units at $9 each 149 units at $6 each Inventory 4 Sale 11 13 Sale 20 27 Sale Purchase Purchase 87 units at $11 each Blue uses the FIFO cost flow assumption. All purchases and sales are on account

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