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Tetra Company Purchased 2,000 Units of Inventory That Cost $4

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Tetra Company purchased 2,000 units of inventory that cost $4.00 each on January 1,2016.An additional 3,000 units of inventory were purchased on January 12,2016 at a cost of $4.20 each.Tetra Company sold 4,000 units of inventory on January 20,2016.Which of the following entries would be required to recognize the cost of goods sold assuming that Tetra Co.uses the perpetual inventory method and a FIFO cost flow method?
Tetra Company purchased 2,000 units of inventory that cost $4.00 each on January 1,2016.An additional 3,000 units of inventory were purchased on January 12,2016 at a cost of $4.20 each.Tetra Company sold 4,000 units of inventory on January 20,2016.Which of the following entries would be required to recognize the cost of goods sold assuming that Tetra Co.uses the perpetual inventory method and a FIFO cost flow method? Tetra Company purchased 2,000 units of inventory that cost $4.00 each on January 1,2016.An additional 3,000 units of inventory were purchased on January 12,2016 at a cost of $4.20 each.Tetra Company sold 4,000 units of inventory on January 20,2016.Which of the following entries would be required to recognize the cost of goods sold assuming that Tetra Co.uses the perpetual inventory method and a FIFO cost flow method? Tetra Company purchased 2,000 units of inventory that cost $4.00 each on January 1,2016.An additional 3,000 units of inventory were purchased on January 12,2016 at a cost of $4.20 each.Tetra Company sold 4,000 units of inventory on January 20,2016.Which of the following entries would be required to recognize the cost of goods sold assuming that Tetra Co.uses the perpetual inventory method and a FIFO cost flow method? Tetra Company purchased 2,000 units of inventory that cost $4.00 each on January 1,2016.An additional 3,000 units of inventory were purchased on January 12,2016 at a cost of $4.20 each.Tetra Company sold 4,000 units of inventory on January 20,2016.Which of the following entries would be required to recognize the cost of goods sold assuming that Tetra Co.uses the perpetual inventory method and a FIFO cost flow method?

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