Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 01 Aug 2017 My Price 6.00

inventory transactions

Cascade Inc. completed the following inventory transactions during the month of September:

 

Date Item Quantity Unit Cost

1-Sep Balance 25$80

4-Sep Purchase 40 $78

12-Sep Sale 52

22-Sep Purchase 30 $77

30-Sep Sale 22

 

Requirements:

 

1. Prepare a perpetual inventory record using FIFO

2. Prepare a perpetual inventory record using LIFO

3. Prepare a perpetual inventory record using average cost

Answers

Maurice Tutor
(5)
Status NEW Posted 01 Aug 2017 11:08 PM My Price 6.00

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