invetory, Accounting Basics

beginning inventory,purchase,and sales data for commodity A are as follows
november 1 inventory 1500units @k20.00
2 sold 5000unit @ 40.00
12 purchase 10000 units @2250
22 sold 15000 units @40.00
30 purchase 10000 units @2500
determine the cost of ending inventory and cost of sold merchadise sold using
fifo
lifo
avarege cost method
Posted Date: 3/31/2013 6:52:13 PM | Location :







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