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Iili (Click the ican to view the transactions.) Rend the requiroments. requirement 3. Prepare a perpetual invontory recerd for the merchandise invenlary using the weighted-average

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Iili (Click the ican to view the transactions.) Rend the requiroments. requirement 3. Prepare a perpetual invontory recerd for the merchandise invenlary using the weighted-average inventory conting method. Start by entering the beginning inventory balances. Enser the transactions in chronological order, calculasing now inventory on hand bolances aher each transaction. Once alf of the transactic been entered into the perpetual record, calculaso the quartity and total cost of merchandise inventory purchased. sold. and on hand at the end of the period. Requirement 4. Determine the company's cost of geods sold for August using FFO, LFo, and weghted-average invanlory costing methode The coat of goods sold amount for August ushg Fifo inventary costing is

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