Question: Submit to complete this assessment Question 6 J&l uses a perpetual inventory management system. The company has the following transactions for inventory 1 Nov 6

 Submit to complete this assessment Question 6 J&l uses a perpetual

Submit to complete this assessment Question 6 J&l uses a perpetual inventory management system. The company has the following transactions for inventory 1 Nov 6 Nov 11 Nov 13 Nov 16 Nov 20 Nov 28 Nov Opening balance - 300 units @ R2 per unit Purchase inventory 850 units @ R3 per unit Sell 700 units Return to store the last 30 units issued on 11 Nov Purchase inventory - 900 units @ R4 per unit Sell 1 000 units Return 80 units to the supplier which were bought 16 Nov J&L uses the First-in-First Out (FIFO) method to value its inventory. Complete the inventory ledger card below no , RECEIPTS ISSUES DATE UNITS UNIT PRICE TOTA L COST UNITS Submit to complete this assessment Question 6 J&l uses a perpetual inventory management system. The company has the following transactions for inventory 1 Nov 6 Nov 11 Nov 13 Nov 16 Nov 20 Nov 28 Nov Opening balance - 300 units @ R2 per unit Purchase inventory 850 units @ R3 per unit Sell 700 units Return to store the last 30 units issued on 11 Nov Purchase inventory - 900 units @ R4 per unit Sell 1 000 units Return 80 units to the supplier which were bought 16 Nov J&L uses the First-in-First Out (FIFO) method to value its inventory. Complete the inventory ledger card below no , RECEIPTS ISSUES DATE UNITS UNIT PRICE TOTA L COST UNITS

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