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You are provided with the following information for th eritz Inc. for the month ended June 30, 2017. Koetteritz uses the periodic method for i
You are provided with the following information for th eritz Inc. for the month ended June 30, 2017. Koetteritz uses the periodic method for i nventory. Unit Cost or Date Quantity Selling Price Description $38 June 1 Beginning inventory June 4 Purchase 138 112 June 10 Sale 71 June 11 Sale return 15 71 June 18 Purchase 57 45 45 June 18 Purchase return June 25 Sale 65 76 June 28 Purchase 49 26
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