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Sheridan Department Store uses a perpetual inventory system. Data for product E 2 - D 2 include the following purchases: Number Unit Date May 7

Sheridan Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases:
Number Unit
Date
May 7 of Units 60 And Cost$10
July 28 of units 40 and cot 13
On June 1, Sheridan sold 40 units, and on August 27,54 more units. Prepare the perpetual inventory record for the above transactions dows using FIFO.
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