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Problem 5 - Inventories (Weight of Score: 20% Data of inventories of Harrison Co. during January 2019, as follow: Units 10 Cost $20 Date January

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Problem 5 - Inventories (Weight of Score: 20% Data of inventories of Harrison Co. during January 2019, as follow: Units 10 Cost $20 Date January 1 January 5 January 11 January 23 January 25 January 29 Description Inventory Sale Purchase Sale Sale Purchase $ 21 $ 22 Calculate the Ending Balance and COGS of the above data using Perpetual System of the First-In-First-Out (FIFO) Method

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