Reference no: EM133253939
Prepare the inventory control card by the Average Cost method.
The company Vintage S.A. with NIT 1216-250812-108-7, NRC 4508-3 is dedicated to the sale of wholesale clothing, it presents the following information for you to perform the valuation of one of your inventory products: Product: Blouse for women, casual style, Pierre Cardin brand, assorted colors, size S. supplier Telas de Oriente S.A.
- 09/01/2018- Make a purchase of 50 blouses at $15.00 plus VAT each.
- 09/03/2018- 5 dozen blouses were purchased at $168.00 with VAT included each dozen to take advantage of an offer presented by the supplier. $30.00 plus VAT was paid for transportation.
- 09/05/2018- 100 blouses were sold at $25.00 plus VAT each.
- 09/06/2018- 30 blouses were bought at $17.00 with VAT included.
- 09/07/2018 The purchase of 70 blouses was made at $14.00 plus VAT each.
- 09/08/2018 From the sale of the 05th, they returned 15 blouses to us because they were damaged.
- 09/08/2018 The blouses received in the previous transaction are returned to the supplier.
- On 09/09/2018, ten dozen blouses are bought at $170.00 with VAT included per dozen.
- On 09/11/2018, 18 dozen blouses were sold at $400.00 with VAT included for each dozen.
- 09/15/2018 The purchase of 90 blouses was made at $14.00 plus VAT.
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