Question: Somebody help me on this. I keep getting stuck on it. Answer all of the questions please. Thank you. titanium putters. Riley's Sporting Goods, Inc.,



titanium putters. Riley's Sporting Goods, Inc., uses the FIFO method and a perpetual inventory system. The sales price of each putter is $200 Requirements ad 1. Prepare a perpetual inventory record for the putters to determine the amount Riley's Sporting Goods, Inc., should report for ending inventory and cost of goods sold using the FIFO method. Journalize the inventory transactions for Riley's Sporting Goods, Inc., using the FIFO method. Assume all purchases and sales are on account. 2. Print Done 11 Sale 19 Purchase 28 Sale s Example Get More Help Print erpetual inventory system. The sales price of each putter is $200. Compa Data Table Date Item Quantity Unit Cost Jul 1 Balance 10 $ 90 7 Purchase 9 GA $ 92 11 Sale 13 19 Purchase 16 GA 94 28 Sale 8 CO Print Done Clear All Rileys Sporting Goods, Incontre of tankom puttan boys Sporting Goods, Inese Fromethod and a perpetual eventory system. The price of each putter in 5200 Company records indicate the tools activity for puses for the month of July Click the icon in the records Read the Requirement 1. Prepare a perpetual inventory record for the puttes to determine the amount oby's Sporting Goods, Inc. should report for ending inventory and cont of goods solo uning the FIFO method Start by entering the beginning inventory balance Enter the radions in chronological order calculating new mentory on hand balances for each bramac Once all of the transactions have been entered into the perpetual record calculate the quantity and total cost of inventory purchased sold, and on hand at the end of the period (Enter the oldest inventory layers out) Purchases Cost of goods sold mory on hand Total Unit Oty Cou Cost Dry Cost Cost GRY Cost FO: Unit To U Total Cost Date
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