Stacked: A Manufacturing Inventory Exercise

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On December 6, 2023, Shirley Rose, owner of the toy manufacturer Stacked, was reviewing the company's financial performance for its fourth fiscal year, ending November 30, 2023. Stacked manufactured toy wooden blocks in Stratford, Ontario, Canada. Rose needed to record all necessary accounting transactions for fiscal year (FY) 2023 using the FY 2022 statement of financial position, the FY 2023 list of cash receipts and disbursements, and other related information provided in the exercise.
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