Question: Beginning inventory, purchases, and sales data for widgets are as follo Apr. 3 $30 $27 Inventory Purchase Sale Purchase Sale 15 units @ 12 units
Beginning inventory, purchases, and sales data for widgets are as follo Apr. 3 $30 $27 Inventory Purchase Sale Purchase Sale 15 units @ 12 units @ 18 units 7 units 10 units $25 25 Complete the subsidiary Inventory ledger assuming the business maintains a perpetual inventory system and calculate the cost of merchandise sold and ending Inventory using FIFO. Cost of Merchandise Sold Purchases Inventory
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