Graf Department Store uses a perpetual inventory system. Data for product XX include the following purchases: On
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Graf Department Store uses a perpetual inventory system. Data for product XX include the following purchases:
On June 1 Graf sold 30 units, and on August 27,33 more units. Prepare the perpetual inventory card for the above transactions using (1) FIFO, (2) LIFO, and (3) average cost.
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Related Book For 
Financial Accounting
ISBN: 9780471169208
2nd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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