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Inventory 55,300 BB PERPETUAL INVENTORY SYSTEM Beginning inventory. 6 Chain Saws costing $750 each 8 Leaf Blowers costing $100 each Transactions a) Purchased 2 chain

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Inventory 55,300 BB PERPETUAL INVENTORY SYSTEM Beginning inventory. 6 Chain Saws costing $750 each 8 Leaf Blowers costing $100 each Transactions a) Purchased 2 chain saws for 5750 each on account Cost of Goods Sold b) Sold 2 leaf blowers for $250 each for cash Sales c) Sold 3 chains saws for $1.200 each for cash Accts Payable d) Purchased 3 leaf blowers for $100 each on account Cash $20,000 BB a) Paid the account payable balance - no discount 38 Inventory $5,300 BO PERIODIC INVENTORY SYSTEM Beginning inventory 6 Chain Saws costing 5750 each 8 Leaf Blowers costing 5100 each Transactions a) Purchased 2 chain saws for $750 each on account. Purchases d) Sold 2 leaf blowers for $250 each for cash. Sales c) Sold 3 chains saws for $1.200 each for cash Accts Payable d) Purchased 3 leaf blowers for 5100 each on account BB Cash $20,000 6) Paid the account payable balance - no discount Ending inventors per pylon Chwosting 1750 Le Blowed costing 100 Do 07 02 Yards R Us Income Statement. Through Gross Profit For the Month Ended 1/31/20 Sheet1 Sheet2 Sheets

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