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Answer Bank reconciliation statement at 31 Dec 2019 255 - Section - III Answer the following: (2*4-8 Marks) From below information prepare method FIFO for

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Answer Bank reconciliation statement at 31 Dec 2019 255 - Section - III Answer the following: (2*4-8 Marks) From below information prepare method FIFO for inventory of KLCC Company Date Purchases Date Sales 1 - Aug 130 units OMR 110 7-Aug 110 units OMR 140 9-Aug 60 units OMR 115 10-Aug 15 units OMR 145 11-Aug 30 units OMR 130 20-Aug 50 units OMR 160 19-Aug 40 units OMR 140 FIFO Issued Date Received Inventory Effect 1-Aus 7-Aug 9-Aug 10-Aug 11-Aug 19-Aug 20-Aug

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