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Shepherd Cycles started March with 26 bicydet that cost $65 each. On March 16, Shepherd purchased 50 bleycles at 580 each. On March 31, Shepherd

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Shepherd Cycles started March with 26 bicydet that cost $65 each. On March 16, Shepherd purchased 50 bleycles at 580 each. On March 31, Shepherd nokt 20 bicycles terror Requirements Prepare Shepherd Cycle's perpetual inventory record mauming the company uses the specie identification Inventory conting method hasume et sted de 20 dies that to meet and so bicycles that cost $80 each Joumalize the March 16 purchase of merchandise inventory an account and the Month 31 sale of merchandise inventory on account 1. 2. Requirement 1. Prepare Shepherd Cycle's perpetual eventory record assuming the company was the specie de tenton Inventory coating metode tot pred 20 et 380 mm 19 bicycles that contach Start by entering the beginning inventory blancas Enter the transactions in chronological ordering inventory on band balance the perpetual record, the quantity and total cost of inventory purchased sold, and on hand at the end of the period. (En the style Shepherd Cycles Purchase Cost of Good to Inventory and Dat OTY Unit Cost Tot est QTY Unit Court Cost OTY Unt Cost Tot Cout Mars Mar 10 50 1000 2018 10 001 4.000 Mar 31 20 3.300 19 60

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