Assignment Intermediate Accounting Inventory

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Assignment Intermediate Accounting Inventory

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E8.

9
purchase sales
april 1 (balance on hand) 600 @ $6.00 april 3 500 @ $10.00
4 1500 @ 6.08 9 1300 @ 10.00
8 800 @ 6.40 11 600 @11.00
13 1200 @ 6.50 23 1200 @ 11.00
21 700 @ 6.60 27 900 @ 12.00
29 500 @ 6.79 4500
5300

A. periodic inventory

FIFO
date purchased sold balance
Apr-01 ([email protected]) $3600
Apr-03 ([email protected]) 5000
Apr-04 (1500@ 6.08) 9120

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Assignment Intermediate Accounting Inventory

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Assignment Intermediate Accounting Inventory

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