Paste Calibri B IU 11 A A Food &A E T Clipboard 19 E153 X fr S A B C D E F G H 12 13 14 Name: Althea Bowens Instructor:MRS Tehmina Khan 15 16 Due Date: 17 18 Date of Submission: 19 20 21 General $ % 4.0 00 .00 9.0 Alignment Number 22 Brody sports Ltd. Brody Sports, is a sports shop that carries a range of sporting goods. The most popular selling items are all hockey related items. They carry a range of NHL replica jerseys and of course international teams. By far the biggest selling jersey is the Canadian jersey. Local teams purchase their jerseys from a range of jerseys they have on offer. A lot of customers pay in cash, but the teams that have accounts with the store can purchase on account, usually 2/10, net 23 30. The store manager ensures that the staff rotate the stock so that the older items are displayed at the front of the shelves and are sold first. When large orders are placed, the same system applies and Brody Sports uses a perpetual 24 FIFO system to manage its inventory. You have been hired as a book keeper to maintain the sales journal and keep a track of inventory using your 25 knowledge of perpetual FIFO systems. 26 During the month of September the following transactions takes place. Brody Sports already has a stock of 40 jerseys that had a cost price of $25 each, from last year, September tends to be a busy month as teams come in to 27 buy jerseys for the new season. 28 M N