Question: F16 x & fx B G H 1 2 3 4 DE EB11. LO 10.3 Prepare joumal entries to record the following transactions, assuming perpetual

F16 x & fx B G H 1 2 3 4 DE EB11. LO 10.3 Prepare joumal entries to record the following transactions, assuming perpetual inventory updating and first-in, first-out (FIFO) cost allocation. Assume no beginning inventory. Number of Units Unit Cost Nov. 19, purchased merchandise for resale 1,200 Nov. 22. purchased merchandise for resale Nov. 30, sold merchandise for $10 per unit S $6 5 980 850 6

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