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The following transactions apply to Boston Books. Assume the use of the perpetual inventory method and that all transactions were for cash.
Required:
a) Prepare the journal entries for the above transactions, assuming a FIFO cost flow.
b) Determine the amount of ending inventory using a FIFO cost flow.
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The study of how an organism affects a drug, including the processes of absorption, distribution, metabolism, and excretion of drugs.
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