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Muskokn Cycles uses the FFO inventory mothod. Muskoka started October with seven bicyctos that cost $290 each On October 16 , Muskoka bought 2b bicycles

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Muskokn Cycles uses the FFO inventory mothod. Muskoka started October with seven bicyctos that cost $290 each On October 16 , Muskoka bought 2b bicycles at $200 each. On October 31, Muskoka sold 21 bicycles. Prepare Muskoka's perpetuat inventory record. Prepare the perpotual irventory record, Start by entering the opening inventory balanco. Enter the transactions in chronological order. When entering sales, enter the first cost to come out of imventory on the first line. Be sure to calculate the balance after each transaction. (Use a minus sign or parentheses when subtracting numbers.)

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