Curtis Company had the following transactions for the month of January: 
Assume that Curtis uses the perpetual inventory method and that all transactions were for cash. Required: a) Determine the inventory balance and the cost of goods sold after each transaction.b) Prepare journal entries for the above transactions using the FIFO cost flow method. c) Determine the amount of ending inventory using the FIFO cost flow method.
What will be an ideal response?
a)
b)
c)
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