Q1: The inventory records for QPG company for the month of April. Date Account Quantity Unit cost name Balance 18 75 5- April Purchase 26 74 9- April Sale 23 Purchase 13- April 73 29 16-April Sale 28 21-April Purchase 19 72 23-April Sale 31 Required: using FIFO method under the perpetual purtam to find cost of Goods sold and inventory. 1-April

Q1: The inventory records for QPG company for the month of April. Date Account Quantity Unit cost name Balance 18 75 5- April Purchase 26 74 9- April Sale 23 Purchase 13- April 73 29 16-April Sale 28 21-April Purchase 19 72 23-April Sale 31 Required: using FIFO method under the perpetual purtam to find cost of Goods sold and inventory. 1-April

Name: Q1: The inventory records for QPG company for themonth of April.DateA
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Description: Q1: The inventory records for QPG company for themonth of April.DateAccountUnit costQuantitynameBalance1875Purchase5-April26749- AprilSale23Purchase13-April732916-AprilSale28Purchase21-April721923-April Sale31Required: using FIFO method under the pe

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter7: Inventories

Section: Chapter Questions

Problem 3PEB: Beginning inventory, purchases, and sales for Item Foxtrot are as follows: Assuming a perpetual...

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