Question: ork: Week 7 Chapter 6 ork list estion Viewer K this Calculator Question 1, EF6-16 (similar to) Part 1 of 14 Golf Haven Superstore carries


Golf Haven Superstore carries an inventory of putters and other golf clubs. The sales price of each putter is $128 Company records indicate the following for a particular fine of Golf Haven Superstore putters. Viow the records. Read the requirements. Requirement 1. Prepare a perpetual inventory record for the putters assuming Golf Haven Superstore uses the FFF inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month Start by enforing the beginning inventory balarices. Enter the transactions in chronological order, calculating now inventory on hand balances affer each transaction. Once all of the transactions have been entered into the perpetual record, calculate the quanty and total cost of inventory purchasod, sold, and on hand at the end of the period (Enter the oldest inventory layers first) Golf Haven Superstore carries an inventory of putters and other golf clubs. The sales pric Company records indicate the following for a particular line of Golf Haven Superstore put View the records Records Golf Haven Superstore carries an inventory of putters and other golf clubs. The sales price of each Company records indicate the following for a particular line of Golf Haven Superstore putters. View the records. Read the reguirements. Requirements 1. Prepare a perpetual inventory record for the putters assuming Golf Haven Superstore uses the FIFO inventory costing method. Then identify the cost of ending inventory and cost of goods sold for the month. 2. Journalize Golf Haven Superstore's inventory transactioh is using the FIFO inventory costing method. (Assume purchases and sales are made on account.)
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