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17) Transactions for the month of June were: Assuming that nearest dollar? 2400 17) 'llransactions tor the month of June were: June I 3 7

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17) Transactions for the month of June were: Assuming that nearest dollar? 2400

17) 'llransactions tor the month of June were: June I 3 7 22 Purchases (balance) 2,300@ S I .00 5,700 C ".90 4,600 @A.IO I ,400 June 2 6 9 10 18 25 Sales I ,500 @ $3.50 3.50 3.50 1.500@ 4.00 4.00 400@ 4.00 Assuming that periodic inventory records are kept, what is the ending inventory on an average- cost basis. rounded to nearest dollar? 2400

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