Question: Problem 1 - Inventory (20 marks) The following data pertain to StarFish Corp. for the year ended December 31, 2023: Required 1. Prepare entries to
Problem 1 - Inventory (20 marks) The following data pertain to StarFish Corp. for the year ended December 31, 2023: Required 1. Prepare entries to record the purchase of inventory, cost of goods sold, and sales during 2023 using the perpetual inventory system. 2. Compute the balance in the inventory account on December 31 , 2023
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