A company had the following transaction for the year ending 31 December 2020. SOLD 15 units @ $8 each 16 units @ $9 each BOUGHT Jan 01 24 units @ $10 each 16 units @ $6.25 each June 12 20 units @ $7.00 each Feb 06 April 21 July 05 Using the perpetual inventory method to calculate: FIFO A.

Sep 8, 2023

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A company had the following transaction for the year ending 31 December 2020. SOLD 15 units @ $8 each 16 units @ $9 each BOUGHT Jan 01 24 units @ $10 each 16 units @ $6.25 each June 12 20 units @ $7.00 each Feb 06 April 21 July 05 Using the perpetual inventory method to calculate: FIFO A.
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