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Prime Corporation www, with information for my as follow July 1 inventory 100 untis at 55.00 each 4. Sale 80 units at $18.00 each 11
Prime Corporation www, with information for my as follow July 1 inventory 100 untis at 55.00 each 4. Sale 80 units at $18.00 each 11 Purchase 150 units at $1040 each 13 Sale 120 units at $10.00 each 20 Purchase 160 units $17.60 each 27 Sle 100 units 90 ch Eramble us the FIFO cost formula Alpurds and salarcon account.Igrere any imated retums on purchases and sales. Assume Ramble esperiodic system. Prepare al journal entries and including the sandal marthajusting entry to record cost of goods sold. Aplysical court indicates that the ending inercary for Julyk 110 units. Cras automatically Indented when the natis entered Dondindent manual i no city required lect Me Entry for the accountitles and entero por the amounts. Record journalendries in the order presented the problem! Date Account Titles and Explanation Dahit Credit V July 31 Assume Brambles a perpetual system. Prepare alculaura entries. Credit Carcastically indeed the Ground sendesed. Do not indent manual tronor is required, select "No Entry for the account titles and enter for the amounts. Record nemalaries in the ender presented in the problem! Date Account Titles and Explanation Debit Credit To record sales on account) To record of good old) lumnes count) Tanecord of good sod) To record sales on account To record cost of goods sold) stback and Media List of ALS Calculate groes prohtusing the perpetual system. Gross pront/00S
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