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ending inventory Required Information [The following information applies to the questions displayed below) Pam's Creations had the following sales and purchase transactions during Year 2.
ending inventory Required Information [The following information applies to the questions displayed below) Pam's Creations had the following sales and purchase transactions during Year 2. Beginning inventory consisted of 250 items at $93 each. The company uses the FIFO cost flow assumption and keeps perpetual inventory records. Date Transaction Description Mar. 5 Purchased 230 itens $103 Apr. 10 Sold 135 itens 5201 June 19 245 itens 5201 Sept. 16 Purchased 180 items $168 Nov. 28 Sold 125 items @5206 Sold c. Determine the ending inventory balance Pam's Creations would report on the December 31, Year 2, balance sheet Ending motory 8 C
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