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Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18 units @ $12 11 Purchase 15 units @ $15

Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 18 units @ $12 11 Purchase 15 units @ $15 14 Sale 19 units 21 Purchase 14 units @ $17 25 Sale 16 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 LIFO.
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enginventory purchases, and sales and forest April Inventory unts 512 15 SIS 14Sale 19 21 Purchase 14 units 512 25 sale Complete the subsidiary inventory ledigering the ben mantan perpetua mentory when comptes the cost of merchandising entory Coor Purchases Merchandise Sold Inventory Date oty Unit C Total Cost Qty. Total Cost oly. Cat Total cost 11 14 Il llll lll 21 ll II O E Total cost of merchandise sold Ending investory walive

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