Homework: Chapter 6 Exercises Save HW Score: 71 38 %, 12 14 of 17 pts 1 of 12 (11 complete] Score: 2 24 of 4 pts TI6-2 (similar to) Cuestion Help s eiales I merctard nco 5, Ure Books as foilwng trarsacions: k1t he transactions) Read the requirmants 2 4 101 15 28 4 Tolals c. Delemine the cost of goods sold and ending merchandise inventory by preparing a perpetual inventory record using the LIFO inventory coeling methcd. calalating new inventary on hand balances cach transaction Once al of the transactions har cen entercd into perpatual recond calate the cuantity and total coct of merchandse nventory purchasod scld, and on hand at the end of the poriod, (Enter the oldest inventory layars first) Cost of Goods Sold Purchases Inventory on Hand Unit Total Unit Tota Unit Tatal Mare Info Date tity Cost Cost Quantity Cost Cost Quantit Cor Cast An Aun 1 each o tor ory 17 bocksS2 12 12Purchasod 12 bocks @$23 cach 20Purchased 3 bcoks @ $29e 20Sckd3 books@$31 each 15 40 20 Print Dene 28 Totals Eriler ary number in te edi fields and then click Check Answer. emainino Clear AL Check