Question
B. Discount House sold bottled water and had the following transactions for the month of June. Stock on hand 2018 June 01 was 45 units
B. Discount House sold bottled water and had the following transactions for the month of June. Stock on hand 2018 June 01 was 45 units @ $200.
Purchases Sales J
une 02 75 units @ $205 June 06 55 units @ $250
June 08 30 units @ $210 June 10 40 units @ $260
June 15 20 units @ $215 June 23 85 units @ $270
June 22 70 units @ $225
Calculate closing stock using FIFO and AVCO methods.
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New Challenges For Future Sustainability And Wellbeing
Authors: Ercan Özen, Simon Grima, Rebecca Dalli Gonzi
1st Edition
1800439695, 9781800439696
