Question: PLEASE HELP ASAP QUESTION 3 18 points Save A Modern Decor Furniture began June with merchandise inventory of 30 sofas that cost a total of
PLEASE HELP ASAP
QUESTION 3 18 points Save A Modern Decor Furniture began June with merchandise inventory of 30 sofas that cost a total of $18,000. During the month, Modern Decor purchased and sold merchandise on account as follows: June 1 Balance 30 sofas @ $600 each June 7 Purchase 20 sofas @ $650 each 14 Sale 30 sofas @ $1,000 each 18Purchase 35 sofas @ $675 each 27Sale 35 sofas @ $1,200 each Prepare a perpetual inventory record, using the FIFO and LIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit. (18 points) For the toolbar, press ALT+F10(PC) or ALT+FN+F10 (Mac). I gs Paragraph Arial 14px A >
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