11:53 pm Fri 29 May

11:53 pm Fri 29 May Q) 21% 2017_CertlV Modi.2 Assignment-Student Copy_180122.docx 1.2 Calibri Bold (Bod' Home 14 1/6 30/6 Insert Draw Layout Review MONARCH Rx/" C 12 i 8tJi Unit: FNSACC405 Maintain Inventory Records (c) Complete the stock card using the FIFO method. using FIFO Purchases unit Details (if any) Balance rc ases rc ases eturn rc ases Inventory Ad ustment Qty Value Qty unit 25.00 25.00 26.00 Value 250 130 Qty Balance unit cost 25.00 26.00 27.00 View 2 3 Value 10,000 2,990 3 240 6 230 MONARCH Rx/" C 12 i 8tJi Unit: FNSACC405 Maintain Inventory Records (d) (i) Provide journal entries for Purchases: a cu rs nventory cont counts eco (d) (i) Provide journal entries for Cost of Goods Sold and inventory variance: a cu rs ost a mzentory contro osto 00 LOSS nventorv contro