Question: Intermediate Accounting Inventories - Show Complete Solution and Explain: Question 29 For Items 29 to 30 The following were Garcia Corp.'s transactions in November: Date

Intermediate Accounting Inventories - Show Complete Solution and Explain:

Question 29

For Items 29 to 30

The following were Garcia Corp.'s transactions in November:

Intermediate Accounting Inventories - Show Complete Solution and Explain:Question 29For Items 29

Date Purchases Date Sales Nov. 1 700 P8.50 Nov. 2 450 P10.00 5 950 P9.00 8 600 P10.00 9 750 P8.75 11 500 P11.00 16 1,000 P9.00 12 250 P12.00 25 300 P8.40 20 800 P12.00 28 200 @ P11.50

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