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HELPPP! Golf Unlimited Superstore carries an inventory of putters and other golf clubs. The sales price of each putter is $128. Company records indicate the

HELPPP! Golf Unlimited Superstore carries an inventory of putters and other golf clubs. The sales price of each putter is $128. Company records indicate the following for a particular line of Golf Unlimited Superstore's putters: View the records. Read the requirements. Requirement 1. Prepare Golf Unlimited Superstore's perpetual inventory record for the putters assuming Golf Unlimited Superstore's uses the LIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. Start by entering the beginning inventory balances. 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 Icalculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first.) Cost of Goods Sold Inventory on Hand Date Quantity Apr. 1 Purchases Unit Cost Total Cost HITE Unit Quantity Cost Total Cost Unit Quantity Cost Total Cost
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Siperstore's puttere: Vew the recotds. Bead the reaviremeats. of ending inventory and cost of goods sold for the month equirement 1. Prepat f ending inventory and start by entering the be een entered into the p Requirements 1. Prepare Golf Unlimited Superstore's perpetual inventory record for the putters assuming Golf Unlimited Superstore's uses the LIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. 2. Journalize Golf Unlimited Superstore's inventory transactions using the LIFO inventory costing method. (Assume purchases and sales are made on account.) tore's uses the LIFO inv and balances after each 1 of the period. (Enter th uirement 1. Prepare Golf Unlin Iding inventory and cost of goo t by entering the beginning inve nentered into the perpetual rec

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