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Aa . AE AaBbce1 : Headings T Normal 1 No Spac Heading 1 Heading 2 Heading 6 TO Paragraph Styles Problem - 5 FIFO and
Aa . AE AaBbce1 : Headings T Normal 1 No Spac Heading 1 Heading 2 Heading 6 TO Paragraph Styles Problem - 5 FIFO and LIFO Periodie Josh Beckett shop began operations on January 2, 2015. The following stock od card for baseballs was taken from the records at the end of the year, Units Unit Invoice Gross Invoice Date Terms Received Cost Amount 1/15 Net 30 50 16 $ 800 3/15 1/S.net 30 65 13 845 6/20 1/10, net 30 96) 12 1,080 9/12 1/10, net 30 84 10 840 11/24 1/10, net 30 76 9 684 Totals $4.249 A physical inventory on December 31, 2015, reveals that 110 baseballs were in stock. The hookkeeper inform you that all the discounts were taken Assume that Josh Beckett Shop uses the invoice price less discount for recording purchases Instructies Compute the December 31, 2015, inventory uning the FIFO method h) Capule the 2015 out of goods sold using the LIFO method
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