Question: pls answer asap. to be done using periodic method. Task 1 and 1.1 is to be done using the PERIODIC METHOD. Task 2 is to
pls answer asap. to be done using periodic method. 
Task 1 and 1.1 is to be done using the PERIODIC METHOD. Task 2 is to be done using the PERPETUAL METHOD. Task 1: Determine the cost of goods sold and ending inventory for Bridget's Used Cars for the month of June, using the specific identification method, based on the following information. Cost Of Goods Sold Model Colour Cost Bridget's Used Cars sells a variety of makes and models. Her beginning inventory on June 1, 2016 was: Make/Model Colour Cost 1999 Toyota Corolla Green $10 150 1975 Mustang Red $14 000 1998 Ford Explorer Blue $5 000 During the month of June, Bridget's Used Cars purchased the following cars: Make/Model Colour Cost 2003 Ford Tracker Silver $7 000 2001 Chevrolet Malibu Red $9 500 Ending Inventory Model Colour Cost Before June 30th, Bridget's Used Cars sold the Ford Explorer and the Chevrolet Malibu
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