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Fill Out All White Blanks Below Media Central, Inc., completed the folowing inventory transactions during the month of March Click the icon to view the
Fill Out All White Blanks Below Media Central, Inc., completed the folowing inventory transactions during the month of March Click the icon to view the transactions) Read the requirements Requirement 3. Prepare a perpetual inventory record using LIFO. Start by entering the opening inventory balance Enter the transactions in chronological order calculating new inventory on hand balances after each transaction Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of inventory purchased, sold, and on hand at the en of the period. For cost of goods sold enter the first layer out under LIFO costing first. For inventary on hand en Purchases - X Data Table Unit OtyCost Total Cost Cost of goods sold Unit Total Oy Cost Cost Inventory on hand Un Total OtyCost Cost 251 70 1750 Date Quantity Unit Cost 307212160 2160 305 72 Date Item Mar Balance Purchase 12 Sale 22 Purchase 31 Sale 72 2160 2001 373 74 22 3774 2728 Print Done 201741480 58 3580 4898
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