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please urgent I give likes ! Ex 5 Gerry Company has the following inventory, purchases, and sales data for the month of January. The company
please urgent I give likes !
Ex 5 Gerry Company has the following inventory, purchases, and sales data for the month of January. The company uses the perpetual invenotry method. Using the given information, complete a subsidiary inventory ledger for January under (a) FIFO, (b) LIFO, and (c) Weighted-Average (Round to 2 decimal places). Ex 6 Using the information from Exercise 5 (b), complete the Journal Entries needed to record the 5 merchandise inventory transactions. All sales and purchases are on account with credit terms of n/30 (no discounts offered). and the freight terms were FOB shipping point with the Seller prepaying the freight charges of $150 and adding them to the Invoice Step by Step Solution
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