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i need the fifo ,lifo and wa also i need the journal entrys periodic SHOE INVENTORY PRACTICE PROBLEM FIFO & LIFO & WA 1. Beginning

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i need the fifo ,lifo and wa
also i need the journal entrys
periodic
SHOE INVENTORY PRACTICE PROBLEM FIFO & LIFO & WA 1. Beginning Inventory 1,500 Pairs $20 each 2. Purchase 1,000 pairs $25 each 3. Cash Sale 900 pairs S50 each 4. Sale on Account 1,200 pairs @ $50 each 5. Purchase 2.000 @ $15 each 6. Sale on Account 800 pairs @ $50 each 7. Purchase 1,200 pairs $20 each 8. Purchase 1,600 pairs $30 each 9. Cash Sale 2,000 pairs @ $50 10. Sale on Account 1,800 pairs $50 11. Purchase 2,500 pairs @ 20 each 12. Purchase 900 pairs @ $25 each 13. Sale on Account 1,500 pairs @ $50 each 14. Cash Sale 2,000 pairs @ $50 GROSS PROFIT LIFO WA FIFO Sales Less Cogs Gross Profit Explain the reason why the gross profit for WA is located between the FIFO and LIFO gross profits. 65 Page

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