Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 10 Aug 2017 My Price 6.00

perpetual inventory method AVCO

Your client commenced business on June 1, 2011 using the perpetual inventory method AVCO, and, as it is now the end of the 2011 financial year, has provided the following records: June 1 commenced business with an inventory of 500 units @ $6 per unit (GST exclusive) June 4 sold 300 units for $3,300 on credit June 7 sales returns of 5 units for $55 June 10 purchased 700 units on credit for $5,390 June 17 purchased 600 units on credit for $5,280 June 18 sold 1200 units on credit for $14,520 June 21 paid customs duty $330 on June 17 purchase June 24 purchased 400 units on credit for $4,400 June 26 purchases returns 10 units for $110 June 27 paid further import costs on June 17 purchase $200 June 30 physical stock-take revealed 645 units on hand worth $5,940 (GST exclusive) Required: Calculate any variance between the accounting system value of inventory at June 30th and the results of the physical stock-take at the same date

Answers

Maurice Tutor
(5)
Status NEW Posted 10 Aug 2017 09:08 AM My Price 6.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)