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please help with this exercise . thanks o April E9-22 (L05) (Retail Inventory e Retail Inventory Method) The records of Ellen's Boutique report the following
please help with this exercise . thanks
o April E9-22 (L05) (Retail Inventory e Retail Inventory Method) The records of Ellen's Boutique report the following t Sales revenue Sales returns Markups Markup cancellations Markdowns Markdown cancellations Freight on purchases $99,000 2.000 10.000 1,500 9,300 2.800 2.400 Purchases (at cost) Purchases (at sales price) Purchase returns (at cost) Purchase returns (at sales price) Beginning inventory (at cost) Beginning inventory (at sales price) $48,000 88,000 2,000 3,000 30,000 46,500 Instructions pute the ending inventory by the conventional retail inventory method Step by Step Solution
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