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The records of Asian Aviation include the following accounts for inventory of aviation parts July 31 of the carent year Click the con to wwe

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The records of Asian Aviation include the following accounts for inventory of aviation parts July 31 of the carent year Click the con to wwe recons Requirement 1. Prepare a pamal income statement through gross prolt under the average, FIFO and UFO methods. Round worape cont per und to two decimal places and all other amounts to the newest tolar Data Table Armstrong Aviation Partial income Statement Year Ended July 31 Awege cost $ Sale Cost of goods sold Gross profil Aag Nov Inventory 5,600 3.550 1 Balance 800 units @ $700 5 Purchase 500 units @ 7.10 24 Purchase 8100 units 5 750 8 Purchase 600 units @ $8.50 00.750 5,1001 Apr Sales Reven Jul 310.000 un 5125,934 Print Done

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