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TO REFUSE SERVCE TO ANHONE 6. HOMEWORK 3 NEXT 7 Problem 2: P6 28A (FIFO) Background: Fit Gym began January with merchandse inventery of 78
TO REFUSE SERVCE TO ANHONE 6. HOMEWORK 3 NEXT 7 Problem 2: P6 28A (FIFO) Background: Fit Gym began January with merchandse inventery of 78 crates of 1) Using the Ceneral Journal tab, cick Add Transaction to intamtnhat fta oors erchaooumalize each transaction Oick Post Transacton once yu inventory costing method, and estimates retuns at te end of each Complete the entry, then repeat these steps for each transaction. month. Fit Gyms January transactions related to merchandise nventory are included in the Transactions section below 2) Cick the Reports tab and review the results of recording these transactions on the General Ledger 3) ack Submit work when cote. Transactionst 01/05/2018 Purchased 156 crates of vitamins for $64 each on account. Tems n/30, FOB destination. 01/13/2018 seld 180 crates of v tans on account for $100 each. Terms 1/30. FOB destrator. (Detemne Cost of Goods Sold rd 01/14/2018 Paid for the vitanins purchased on January s. SAVE WORK RESETRES January 1, 2018 January 31, 2018 transactions in ADO TRANSACTION EDIT CHECKED TRANSACTION DELETE CHECKED TRANSACTIONS ti
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