Question: 63 Casio Cycles uses the FIFO inventory method. Casio started June with 10 bicycles that cost $190 each. On June 16, Casio bought 20 bicycles

6–3 Casio Cycles uses the FIFO inventory method. Casio started June with 10 bicycles that cost $190 each. On June 16, Casio bought 20 bicycles at $200 each.

On June 30, Casio sold 25 bicycles. Prepare Casio’s perpetual inventory record.

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