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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 22 units $16 11 Purchase 14 units $18 14 Sale

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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 22 units $16 11 Purchase 14 units $18 14 Sale 26 units 21 Purchase 9 units $17 25 Sale 14 units Complete the subsidiary inventory ledger assuming the business maintains a perpetual Inventory system and computes the cost of merchandise solda ending Inventory using FIFO. Cost of Purchases Merchandise Sold Date Qty. Unit Cost Total Cost Qty. Unit Cost Total Cost Qty. pril 3 11 14 Il 21 I I 100 25 Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 22 units @ $12 13 units @ $18 11 Purchase 14 Sale 21 Purchase 19 units 11 units @ $20 16 units 25 Sale Complete the subsidiary inventory ledger assuming the business maintains a perpetual inve

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