Chart of Accounts

FIFO

Instructions

The beginning inventory at Midnight Supplies and data on purchases and sales for a three$-$month period ending March $31$ are as follow$5$:

$\backslash$table$[[$Date$,\backslash$table$[[$Transaction$],[$Inventory$]],\frac{\text{N}\text{u}\text{m}\text{b}\text{e}\text{r}of\text{U}\text{n}\text{i}\text{t}\text{s}}{2,500},\frac{\text{P}\text{e}\text{r}\text{U}\text{n}\text{i}\text{t}}{\text{\$}64\mathrm{.}00},\frac{\text{T}\text{o}\text{t}\text{a}\text{l}}{\text{\$}160,000}$