Question: Question Content Area Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 19 units @ $15 11 Purchase 12

Question Content Area

Beginning inventory, purchases, and sales data for tennis rackets are as follows:

April	3	Inventory	19 units	@	$15
	11	Purchase	12 units	@	$19
	14	Sale	26 units
	21	Purchase	12 units	@	$15
	25	Sale	10 units

Complete the subsidiary inventory ledger assuming the business maintains a perpetual inventory system and computes the cost of merchandise sold and ending inventory using FIFO.

Question Content Area Beginning inventory, purchases, and sales data for tennis rackets

Beginning inventory, purchases, and sales data for tennis rackets are as follows

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