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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 1 9 units @ $ 1 4 1 1 Purchase
Beginning inventory, purchases, and sales data for tennis rackets are as follows:
April Inventory units @ $
Purchase units @ $
Sale units
Purchase units @ $
Sale 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.
tableDatetablePurchasesQtytablePurchasesUnit CosttablePurchasesTotal CosttableCost ofGoods SoldQtytableCost ofGoods SoldUnit CosttableCost ofGoods SoldTotal costtableInventoryQtytableInventoryUnit costtableInventoryTotal costApril $$$$$$$$$$$$$$$$$$Balances$$
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