hi, i added a question with its solution which you uploaded but my teacher make a comment i think about second part of the solution. i have attached comment also. look deeply to the comment and help me. i will appreciate you.

The Riley Company reports the following for the month of November: DATE EXPLANATION UNITS 11/1 11/8 11/10 11/18 11/25 Inventory Purchase Sale Purchase Sale 300 300 200 50 300 UNIT COST OR UNIT SELLING PRICE $10 $11 $25 $12 $28 The Riley Company uses a perpetual inventory system. 1) Calculate the cost of the Ending Inventory at 11/30 and the Cost of Goods Sold for the month of November under the LIFO cost flow assumption. ENDING INVENTORY COST OF GOODS SOLD 2) Prepare the journal entry to record the sale on 11/25 assuming that the sale was on credit. JOURNAL Post Ref. Date Description Debit Credit Statement of Inventory Balance(LIFO) Date Opening Stock Units Price Amount Units 1-Nov 300 10 3000 Purchases Cost of Goods Sales Closing Stock Price Amount Units Price Amount Units Price Amount 300 10 3000 8-Nov 300 11 3300 3001 300 10 11 3000 3300 10-Nov 200 11 2200 10 300 100 3000 1100 18-Nov 50 12 600 300 19F EE 9 100 3000 1100 600 50 25-Nov 150 1500 501 100 150 12 11 10 600 1100 1500 1 Ending Inventory Cost of Goods sold 1500 5400 JOURNAL Date Description Debit Credit 25-Nov Accounts Receivable $ 13,400 Sales $ 13,400 (200 units X $ 25 per unit) + (300 units X $ 28 per unit) 25-Nov $ Cost of Goods Sold Inventory |($ 600 + $ 1,100 + $ 1,500) 3,200 $ 3,200 Financial Accounting (AA) - Live Online Yes. However, your revenue number is not correct. It should only be the revenue for the sale on 11/25; not the entire month