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Financial Accounting. Please answer all ASAP. Please fill in the blank and answer the questions. The company uses the first-in-first-out (FIFO) method to determine the

Financial Accounting. Please answer all ASAP. Please fill in the blank and answer the questions.

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The company uses the first-in-first-out (FIFO) method to determine the cost of inventory at the end. If the business also uses a perpetual inventory system, calculate the value of inventory as of December 31, 2030.

NB. : Use the above table to prepare your answer.

Answer 2:

Units

Unit Cost ($)

Total Value

31 dcember 2029

36 000

60,00

Purchases

10 fbruary

12 000

61,25

7 april

24 000

61,50

25 july

39 000

64,00

6 october

9 000

63,50

4 november 2030

18 000

63,75

Total

138 000

62,25

Sales

Units

5 january 2030

12 000

6 march

29 000

14 july

21 000

10 august

24 000

8 september

21 000

3 dcember 2030

20 000

Total sales

127 000

final stock

3. Inventories are presented at their net realizable value in the statement of financial position. True or false? Answer #3:
Please fill in the blank and answer the questions. 1. purchases and sales of stocks of SECIIM INC. for the year ended December 31,2030 : Weighted average cost method is used to determine the cost of inventory at the end. If it uses a perpetual inventory system, calculate the value of inventory as of December 31,2030 (Use the table above). Answer 1: 2. purchases and sales of stocks of SERIM 3000 INC. for the year ended +December 31, 2030: Document1 - Word (Product Activation Failed) TABLE TOCLS qDecember 31, 2030 : \begin{tabular}{|l|l|l|l} \hline & Units & Unit costs (\$) & Total Value \\ \hline 31 dcember 2029 & 36000 & 60,00 & \\ \hline Purchases & & & \\ \hline 10 fbruary & 12000 & 61,25 & \\ \hline 7 april & 24000 & 61,50 & \\ \hline 25 july & 39000 & 64,00 & \\ \hline 6 october & 9000 & 63,50 & \\ \hline 4 november 2030 & 18000 & 63,75 & \\ \hline Total & 138000 & 62,25 & \\ \hline & & & \\ \hline Sales & Units & & \\ \hline 5 january 2030 & 12000 & & \\ \hline 6 march & 29000 & & \\ \hline 14 july & 21000 & & \\ \hline 10 august & 24000 & & \\ \hline 8 september & 21000 & & \\ \hline 3 dcember 2030 & 20000 & & \\ \hline Total sales & 127000 & & \\ \hline Final Stock & & & \\ \hline \end{tabular} PAGE 2 CF 3 45B WORDS ENGLISH (UNITED 5TATES)

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