ABC Company executed the following transactions during January 2013: DATE DETAILS UNITS UNIT COST UNIT SELLING PRICE 20132 Jan 32 Purchased 504 104 Jan 7e Purchasede 702 154 Jan 11e Solde 604 e 504 Jan 15e Purchased 704 204 I Required 1. Write up the stock A/c for January 2013, using: a) THE FIFO perpetual basis / Periodic basis b) THE LIFO perpetual basis / Periodic basis c) THE AVCO perpetual basis / Periodic basis 2. Prepare a columnar Trading A/c for January 2013, showing the Gross profit under each of the above bases of stock valuation. 181 11011121 1141 1161 1181 1201 1221 1241 1261 1281 1301 1321 1341 1361 1381 J401 1421 1441 1461 PERPETUAL - FIFO DATE DETAILS e UNITS BALANCE PRICE UNIT COST UNIT TOTAL SALES UNIT SELLING PRICE 20132 fe Jan 3e Purchased 502 102 Jan 7e Purchasede 702 152 Jan 112 Solde 602 504 e Jan 15e Purchasede 702 20 PERPETUAL-LIFO- DATE DETAILS BALANCE PRICE UNITS UNIT UNIT TOTAL SALES UNIT COSTE SELLING PRICE 2013 f Jan 32 502 102 Purchasede Purchasede Jan 7e 70e 15 Jan 11e Solde 604 50 Jan 15e Purchasede 704 204 22 PERPETUAL-AVCO BALANCE 161 141 121 121 141 161 181 1101 1121 1141 1161 1181 1201 1221 1241 1261 1281 1301 1321 1341 1361 1381 1401 1421 1441 1461 Jan 11e Solde 60e 500 Jan 15e Purchasede 702 202 a 6 PERPETUAL-AVCO DATE DETAILS BALANCE PRICE UNITS e UNIT TOTAL UNIT COST SALES UNIT SELLING PRICE 2013e fe Jan 32 Purchasede 502 104 Jan 7e Purchasede 700 152 Jan 112 Solde 602 50e Jan 150 Purchasede 704 20 2 121 141 161 181 110111211141 1161 181 1201 1221 1241 1201 1221 1241 1261 1281 1301 1281 1301 1321 1341 13611381 1401 1421 1441 1461 TRADING ACCOUNT OF ABC CO. / PERPERTUAL SYSTEM FIFO LIFO AVCO2 tttt e