Instructions. Chart of Accounts. FIFO. Journal and Final questions. The FIFO is all in one grid but sectioned into 4 pictures to cover all entries needed!!! 10 pictures total covering all 5 sections.

FIFQ perpetual inventory FIFO Journal Final Questions The beginning inventory at Midnight Supplies and data on purchaces and sales for a three month period ending March 31 are as follows Transaction Number of Units Per Unit $64.00 72.00 28.00 128.00 128.00 74.00 133.00 33.00 75.60 33.00 6.00 133.00 Total 1 inventory 10 Purchase 28 Sale 30 Sale 2.500 7,500 3,700 1,400 500 18.500 8.900 8,500 15.000 10.000 3.300 7.850 $160,000 547,200 473,600 179,200 64,000 1,369,000 1,183,700 1,130,500 1,134,000 1,330,000 250,800 1,017,450 Feb Sale 10 Purchase 16 Sal 28 Sale Mar 5 Purchase 14 Sale 25 Purchase 30 Sale