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Waterway Inc. is a retailer operating in British Columbia. Waterway uses the perpetual inventory system. All sales returns from customers result in the goods being
Waterway Inc. is a retailer operating in British Columbia. Waterway uses the perpetual inventory system. All sales returns from customers result in the goods being returned to inventory; the inventory is not damaged. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Waterway Inc. for the month of January 2022. Date January 1 January 5 January 8 January 10 January 15 January 16 January 20 January 25 Beginning inventory Description Purchase Sale Sale return Purchase Purchase return Sale Purchase Quantity 100 148 114 10 55 5 94 26 Unit Cost or Selling Price $21 24 36 36 26 26 41 28
Please help with part (a2) ive provided part A. thank you.
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