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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

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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 @ $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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