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Swiss-Mart Company's Beginning Inventory Balance and Purchase and Sales Transactions

question 151

Multiple Choice

Swiss-Mart Company's beginning inventory balance and purchase and sales transactions for the month of June were as follows: Swiss-Mart Company's beginning inventory balance and purchase and sales transactions for the month of June were as follows:   Assuming that Swiss-Mart keeps perpetual inventory records, the inventory at June 30 on a FIFO basis is A)  CHF3,000. B)  CHF3,300. C)  CHF5,250. D)  CHF5,750. Assuming that Swiss-Mart keeps perpetual inventory records, the inventory at June 30 on a FIFO basis is


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