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FIFO & LIFO Sales Price $ 20.00 unit Unit Price 1-Jan Beginning Inventory 1,000 units $ 5.00 3-Jan Purchase 800 6.00 6-Jan Purchase 300 7.00
FIFO & LIFO
| Sales Price | $ 20.00 | unit | ||||||
| Unit Price | ||||||||
| 1-Jan | Beginning Inventory | 1,000 | units | $ 5.00 | ||||
| 3-Jan | Purchase | 800 | 6.00 | |||||
| 6-Jan | Purchase | 300 | 7.00 | |||||
| 11-Jan | Sale | 1,200 | ||||||
| 13-Jan | Purchase | 400 | 6.00 | |||||
| 15-Jan | Purchase | 500 | 8.00 | |||||
| 18-Jan | Sale | 1100 | ||||||
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Fraud In Accounts Payable How To Prevent It
Authors: Mary S. Schaeffer
1st Edition
0470260459, 978-0470260456
