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eBook Calculator Periodic Inventory by Three Methods The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month Date Transaction Number

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eBook Calculator Periodic Inventory by Three Methods The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month Date Transaction Number Per Unit Total of Units Jan. 1 Inventory 10 Purchase 28 Sale 30 Sale 7,500 $75.00 $562,500 22,500 85.00 1,912,500 11,250 150.00 1,687,500 562,500 225,000 3,750 150.00 Feb. 5 Sale 1,500 150.00 54,000 8750 4,725,00d 10 Purchase 27,000 160.004,320,000 25,500 160.00 4,080,000 45,000 89.504,027,500 30,000 160.00 4,800,000 675,000 26,250 160.00 4,200,000 16 Sale 28 Sale Mar. 5 Purchase 14 Sale 25 Purchase 30 Sale 7.500 90.00 Required 1. Determine the inventory on March 31 and the cost of merchandise sold for Check My Work the three-month period

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