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oyunLUM 15 TOTALSPORTEK-T... Full Match Replay A The following transactions occurred for the month of...

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Accounting

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oyunLUM 15 TOTALSPORTEK-T... Full Match Replay A The following transactions occurred for the month of May. Date Units Cost Total Sales Price 1-May Beginning Balance 65 12 $780 2-May Purchase 70 11 $770 3-May Purchase 85 14 $1,190 10-May Sale 115 $35 15-May Purchase 40 16 $640 17-May Sale 50 $35 30-May Sale 80 $35 Using the FIFO method, prepare the required journal entries for each transaction assuming all purchases and sales are made on credit. Date Description Debit Credit May 2 May 3 WatchCartoons Onli... Footybite.com TS TOTALSPORTEK - T... Full Match Replay A Using the FIFO method, prepare the required journal entries for each transaction assuming all purchases and sales are made on credit. Credit Debit Description Date May 2 May 3 May 10 May 15

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