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please help as the question in image asked A record of transactions for the month of May was as follows: Purchases Sles May 1(balance) 400
please help as the question in image asked
A record of transactions for the month of May was as follows: Purchases Sles May 1(balance) 400 @ 4.20May 3300 @ 7.00 4 1,300 @ 4.10 61,000 @ 7.00 8 800 m 4.30 12900 @ 7.50 14 700 @ 4.40 18400 @ 7.50 22 1,200 @ 4.50 251,400 @ 8.00 29 500 @ 4.55 Assuming that perpetual inventory records are kept in dollars, determine the ending inventory using LIFOStep by Step Solution
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