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PERPETUAL INVENTORY PLEASE SHOW ALL CALCULATIONS AND EXPLANATIONS!! Question # 2 . You are given the following transactions to post in the spread sheet showing

PERPETUAL INVENTORY
PLEASE SHOW ALL CALCULATIONS AND EXPLANATIONS!!
Question #2. You are given the following transactions to post in the spread sheet showing the balance at the end of the month of August using the FIFO system [31 points]
\table[[August,],[1,Opening Inventory of 6 cases of plum juice with a unit system cost of $20],[5,Purchase 3 cases at $25 per case],[9,Sold 5 cases],[12,Sold 3 cases],[15,Purchase 7 cases at a cost of $35 per case],[20,Sold 2 cases],[24,Sold 3 cases],[26,Received 5 cases at $15 each],[30,Sold 6 cases]]
\table[[,,USINC,?bar(GFIFO),,,,],[Date,Received,Issued,Balance,Unit Cost,Ave. cos,Per. Cost,Per. Bal],[,,,,,,,],[,,,,,,,],[,,,,,,,],[,,,,,,,],[,,,,,,,],[,,,,,,,],[,,,,,,,],[,,,,,,,],[,,,,,,,]]
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