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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 June 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 22 70 units @ $225 June 23 85 units @ $270 Calculate closing stock using FIFO and AVCO methods. (10 marks) (Total 20 marks)
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