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Beginning merchandise inventory Plus: Net cost of purchases Cost of goods available for sale Less: Ending merchandise inventory Cost of goods sold a. b. C.

image text in transcribedimage text in transcribedimage text in transcribed Beginning merchandise inventory Plus: Net cost of purchases Cost of goods available for sale Less: Ending merchandise inventory Cost of goods sold a. b. C. FIFO LIFO Weighted-Average 10A Dreen Boks has the hig and ending marchand inventory using the FFO ventory costing method a UFO inventory citing and ding Dreen Docks eyni mp the amounts) a., and the cost of goods the nearest cent and More info Aug. 1 Aug. 3 Aug. 12 Aug. 15 Beginning merchandise inventory, 12 books @ $21 each Sold 4 books @ $26 each Purchased 9 books @ $23 each Sold 9 books @ $26 each Aug. 20 ' Purchased 2 books @ $26 each Aug. 28 Sold 5 books @ $27 each Print Done X

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