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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 22 units @ $18 11 Purchase 17 units @ $19

Beginning inventory, purchases, and sales data for tennis rackets are as follows:

April 3 Inventory 22 units @ $18
11 Purchase 17 units @ $19
14 Sale 27 units
21 Purchase 14 units @ $21
25 Sale 17 units

Complete the subsidiary inventory ledger assuming the business maintains a perpetual inventory system and computes the cost of merchandise sold and ending inventory using FIFO.

Purchases Cost of Merchandise Sold Inventory
Date Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost
April 3 fill in the blank 1 $fill in the blank 2 $fill in the blank 3
11 fill in the blank 4 $fill in the blank 5 $fill in the blank 6 fill in the blank 7 $fill in the blank 8 $fill in the blank 9
fill in the blank 10 $fill in the blank 11 fill in the blank 12
14 fill in the blank 13 $fill in the blank 14 $fill in the blank 15 fill in the blank 16 $fill in the blank 17 $fill in the blank 18
fill in the blank 19 $fill in the blank 20 fill in the blank 21
21 fill in the blank 22 $fill in the blank 23 $fill in the blank 24 fill in the blank 25 $fill in the blank 26 $fill in the blank 27
fill in the blank 28 $fill in the blank 29 fill in the blank 30
25 fill in the blank 31 $fill in the blank 32 $fill in the blank 33 fill in the blank 34 $fill in the blank 35 $fill in the blank 36
fill in the blank 37 $fill in the blank 38 fill in the blank 39
Total cost of merchandise sold $fill in the blank 40 Ending inventory value $fill in the blank 41

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