Question
For the month ended May 31st, Box Etc. Provide the following information: Opening balance 1,000 boxes at a cost of $15 per box. Bought and
For the month ended May 31st, Box Etc. Provide the following information: Opening balance 1,000 boxes at a cost of $15 per box. Bought and sold on the following dates:
May 4 bought 560 boxes $16 each
May 8 sold 320 boxes at $25 each
May 13 bought 875 boxes $18.50 each
May 19 sold 470 boxes $26 each
May 22 bought 625 boxes $18.75
May 26 sold 600 boxes $26.50 each
Calculate the stock valuation at the end of May 31st.
Calculate the value of inventory sold.
What is the journal entry for COGS?
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Environmental Auditing For The Non Specialist The CHGL Series On The Environment
Authors: Chris Hoggart
1st Edition
1902423704, 978-1902423708
