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QUESTION

Text Provided below- same question- Belmont Company uses the periodic inventory system. At the end of the annual accounting period, December 31,...

Transactions

Units

Unit Cost

Required:

Determine the amount of goods available for sale, the ending inventory, and cost of goods sold under each of the following methods assuming the periodic inventory system. (For average cost, round the average unit cost to three decimal places.) To receive partial credit, show calculations. 

Method

Ending

Inventory

Cost of Goods Sold

Goods Available

For Sale

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