Pina Colada Corp. a public company using IFRS, signed a long-term non-cancellable purchase commitment with...
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Pina Colada Corp. a public company using IFRS, signed a longterm noncancellable purchase commitment with a major supplier to purchase raw materials at an annual cost of $At December the raw materials to be purchased in have a market price of $ a Prepare any December entry that is neededCredit account titles are automatically indented when the amount is entered. Do not indent manuallyIf no entry is required, select No Entryfor the account titles and enter for the amountsList debit entry beforecreditentry
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