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Portey Company Portey Uses a Perpetual Inventory System and Had the Following

question 60

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Portey Company
Portey uses a perpetual inventory system and had the following inventory transactions for the month of June.
Portey Company  Portey uses a perpetual inventory system and had the following inventory transactions for the month of June.   - Refer to the information provided for Portey. If Portey uses the FIFO inventory costing method, the amount of ending inventory reported on the balance sheet is: A)  $1,901.00. B)  $1,010.00. C)  $1,041.00. D)  $1,045.00.
- Refer to the information provided for Portey. If Portey uses the FIFO inventory costing method, the amount of ending inventory reported on the balance sheet is:

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