Question: Question Content Area Beginning inventory, purchases, and sales data for tennis rackets are as follows: April 3 Inventory 2 2 units @ $ 1 6

Question Content Area

Beginning inventory, purchases, and sales data for tennis rackets are as follows:

April

3

Inventory

22

units @ $

16

11

Purchase

14

units @ $

19

14

Sale

26

units

21

Purchase

10

units @ $

22

25

Sale

13

units

Complete the subsidiary inventory ledger assuming the business maintains a perpetual inventory system and computes the cost of merchandise sold and ending inventory using FIFO.

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