Solution-Prepare the perpetual inventory schedule for

Prepare the perpetual inventory schedule for transaction

Reference no: EM132882524

Question - Swifty Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases.

Date: May 7 Number of Units 40 Unit Price $10

Date: July 28 Number of Units 30 Unit Price $13

On June 1, Swifty sold 20 units, and on August 27, 40 more units

Required - Prepare the perpetual inventory schedule for the above transaction using LIFO and Average Inventory?

Reference no: EM132882524

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Prepare the perpetual inventory schedule for transaction

Reference no: EM132882524

Reference no: EM132882524

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