Problem 6-15A
Problem 6-15A Toffler Auto Parts uses a perpetual inventory system for the purchase and sale of inventory Applying the movi average and FIFO ods, estimating in gross margin meth and had the following information available on November 30, 2017: Cost or Selling Price per Unit $40 56 Purchases and Sales Number of Units 3,900 6,000 1. Cost of goods s weighted average Nov. 1 Balance of inventory Purchased (Continued) Chapter 6 Accounting for Merchandise Inven journal (omit the Ched 2. Total each column of trl each journal. 3. Show how postings would be made ffO and check marks in the appropriate places in Problem 7-7A Callahan Distributors, which uses the perpetual inv on terms of 1/10, n/30, completed the following t Issued invoice no. 913 for sale Callahan's cost of this invento 1/10, n/30. Purchased inventory on cre $14,802. The invoice was d Sold inventory for cash, Issued cheque no. 532 t Collected interest reve Issued invoice no. 9.1 $13,860). Credit sale Purchased invento Received cash fro able from the sa Issued cheque July 3. (Roun Purchased s Jul. 2 10 12 13 d of mor Problem 6-15A Toffler Auto Parts uses a perpetual inventory system for the purchase and sale of inventory Applying the movi average and FIFO ods, estimating in gross margin meth and had the following information available on November 30, 2017: Cost or Selling Price per Unit $40 56 Purchases and Sales Number of Units 3,900 6,000 1. Cost of goods s weighted average Nov. 1 Balance of inventory Purchased (Continued) Chapter 6 Accounting for Merchandise Inven journal (omit the Ched 2. Total each column of trl each journal. 3. Show how postings would be made ffO and check marks in the appropriate places in Problem 7-7A Callahan Distributors, which uses the perpetual inv on terms of 1/10, n/30, completed the following t Issued invoice no. 913 for sale Callahan's cost of this invento 1/10, n/30. Purchased inventory on cre $14,802. The invoice was d Sold inventory for cash, Issued cheque no. 532 t Collected interest reve Issued invoice no. 9.1 $13,860). Credit sale Purchased invento Received cash fro able from the sa Issued cheque July 3. (Roun Purchased s Jul. 2 10 12 13 d of mor