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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18 units 1013 11 Purchase 14 units $16 14 Sale
Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18 units 1013 11 Purchase 14 units $16 14 Sale 24 units 21 Purchase 10 units @ $18 25 Sale 13 units Complete the inventory record assuming the business maintains a perpetual inventory system, and determine the cost of goods sold and ending inventory using FIFo
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