Perform the following exercise using the Perpetual Inventory methods with their respective entries, T ' s of
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Question:
Perform the following exercise using the Perpetual Inventory methods with their respective entries, Ts of greatest and calculation of gross profit
We start business with the following values
Box $
Warehouse $
Furniture $
When selling merchandise for $ in cash, we grant a discount of $ the cost of the sale is $
When purchasing merchandise for $ paid by check, we are granted a discount of $
Previous purchases caused shipping costs of $ that were owed
They returned merchandise with a cost of $ that we had sold for $ for this same amount we gave merchandise with a cost of $
We returned merchandise for $ and they gave us merchandise for this same amount
Make the corresponding adjustment and transfer entries.
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