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LIFO PERPETUAL INVENTORY RECORD: Use the information de beginning inventory purchases, and sales to complete the table on the following page. Fill in the blank
LIFO PERPETUAL INVENTORY RECORD: Use the information de beginning inventory purchases, and sales to complete the table on the following page. Fill in the blank template to prepare a LIFO Perpetual eventory Record Then calculate the Gross Profit Information to be used to complete the inventory records March 1 Beginning Balance 100 Tablets @ $200 each 6 Purchase 175 Tablets @ $250 each & Sale 150 Tablet a 400 each 21 Purchase 150 Tablets @ $300 each 29 Sale 60 Tablets a00 cach 2 2 Perpetual Inventory Record: LIFO LIFO Purchases Cost of Goods Sold Inventory on Hand Unit Unit Unit Date Quantity Cost Total Cost Quantity Cost Total Cost QuantityCost Total Cost Mar 1 6 8 21 29 Totals Total Sales Revenue Cost of Goods Sold Gross Profit
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