Prepare washingtons cycle perpetual inventory record, Finance Basics

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Prepare washingtons cycle perpetual inventory record

Question: Preparing a perpetual inventory record and journal entries-Weighted-average

Requirements: 1. Prepare Washington's Cycle perpetual inventory record assuming the company uses the weighted-average inventory costing method.

2. Journalize the March 16 purchase of merchandise inventory on account and the March 31 sale of merchandise inventory on account.

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Finance Basics: Prepare washingtons cycle perpetual inventory record

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Finance Basics: Prepare washingtons cycle perpetual inventory record

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