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I just need someone to plug in the answers in the sheet to check my own work. Beg. Inventory 5/03 Sold 5/08 Purchase 5/10 Sold
I just need someone to plug in the answers in the sheet to check my own work. Beg. Inventory 5/03 Sold 5/08 Purchase 5/10 Sold 5/15 Sold 5/22 Purchase 5/28 Sold 70 units @ $ 11.00 40 units @ $ 24.40 90 units @ $ 14.00 55 units @ $ 25.80 38 units @ $ 26.50 60 units @ $ 12.00 24 units @ $ 24.25 Determine the value of the ENDING INVENTORY and the COST OF MERCHANDISE SOLD using the PERPETUAL FIRST-IN, FIRST-OUT (FIFO) COST METHOD Date Purchases Cost of Merch. Sold Inventory Balance DT T What is the value of the ENDING INVENTORY? What is the value of the COST OF GOODS SOLD? 9) Determine the value of the ENDING INVENTORY and the COST OF MERCHANDISE SOLD using the PERPETUAL LAST-IN, FIRST-OUT (LIFO) COST METHOD Date Purchases Cost of Merch. Sold Inventory Balance What is the value of the ENDING INVENTORY? What is the value of the COST OF GOODS SOLD
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