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i need the journal entries amd FIFO. Instructions Chart of Accounts FIFO Journal Final Questions Instructions The beginning inventory at Midnight Supplies and data on
i need the journal entries amd FIFO.
Instructions Chart of Accounts FIFO Journal Final Questions Instructions The beginning inventory at Midnight Supplies and data on purchases and sales for a three month period ending March 31 are as follows: a Date Transaction Inventory Number of Units Per Unit Total Jan. 1 2,500 $64.00 $160,000 10 Purchase 7,600 72.00 547,200 28 Sale 3,700 128.00 473,600 30 Sale 1,400 128.00 179,200 Feb. an Sale 500 128.00 10 Purchase 18,500 64,000 1,369,000 74.00 16 Sale 8,900 133.00 1,183,700 28 Sale 8,500 133.00 Mar. 5 Purchase 15,000 75.60 14 Sale 1,130,500 1,134,000 1,330,000 250,800 10,000 133.00 25 Purchase 3,300 76.00 30 Sale 7,650 133.00 1,017,450 Step by Step Solution
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