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    Fundamental Financial Accounting Concepts Study Set 1
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    Exam 5: Accounting for Inventories
  5. Question
    Singleton Company's Perpetual Inventory Records Included the Following Information
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Singleton Company's Perpetual Inventory Records Included the Following Information

Question 22

Question 22

True/False

Singleton Company's perpetual inventory records included the following information:
Singleton Company's perpetual inventory records included the following information:    -If Singleton uses the LIFO cost flow method,its ending inventory would be $1,260.
-If Singleton uses the LIFO cost flow method,its ending inventory would be $1,260.

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