Question
Questions The man to Kang C (MANKS) June 4 June 16 June Sold 22 June Heginning laventory Purchased i 600 was 500 975 units
Questions The man to Kang C (MANKS) June 4 June 16 June Sold 22 June Heginning laventory Purchased i 600 was 500 975 units 512 Purchased 825 units 075 units $84 825 units $92 100 30 June-Sold Assume there is no GST on these goods that King Gee Pty Ltd has bought and thin months 2821. (It is not necessary to reconstruct detailed individual Stock Cards to record the Dow of Inventory in and out of the sh Show any calculations or workings). Required: Determine the Closing Inventory & Cost Of Goods Sold for the following methods for June, 2021. 1. LIFO (Last-In-First Out) a. Closing Inventory
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