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John Adams Company's record of transactions for the month of April was as follows. [ [ Purchases , Sales ] , [ April 1 (
John Adams Company's record of transactions for the month of April was as follows. PurchasesSalesApril balance on hand@April @
Assuming that periodic inventory records are kept in units only, compute the inventory at April using LIFO and averagecostRound answer to decimal places, eg
LIFO
Averagecost
$
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Your answer is incorrect.
Assuming that perpetual inventory records are kept in dollars, determine the inventory using FIFO and LIFO.
tableFIFO,,LIFOInventory$$
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