Question 1 of 5 View Policies You are given the following information for Wildhorse Company for the month ended November 30, 2024: Date Nov 1 9 15 22 (a) 29 30 Description Beginning inventory Purchase Sale Purchase Sale Purchase Cost of goods sold Units Ending inventory 55 100 (120) 145 (160) S 40 Unit Cost Wildhorse Company uses a perpetual inventory system. All sales and purchases are on account. $49 44 Your Answer Correct Answer Calculate the cost of goods sold and the ending inventory using FIFO. 43

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter5: Operating Activities: Purchases And Cash Payments
Section: Chapter Questions
Problem 2.1C
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on (1,585)-amarpalbatth56 x Inbox-amarpalkaur56@gmal Xontario one key Search
Question 1 of 5
Date
Nov. 1
com/was/ui/v2/assessment-player/indexhtml?aunchid-ad000434-0856-4025-3894-6854ea7bc0e/question/0
9
(a)
15
22
View Policies
You are given the following information for Wildhorse Company for the month ended November 30, 2024:
29
30
Description
Beginning inventory
Purchase
Sale
Purchase
Sale
Purchase
Your Answer Correct Answer
Cost of goods sold 5
Ending inventory
Units
$
55
100
(120)
145
(160)
40
You've completed all of the work in this assignment.
WORLD POLITICAL
Unit Cost
$49
Bu Q Search
44
Wildhorse Company uses a perpetual inventory system. All sales and purchases are on account.
43
Calculate the cost of goods sold and the ending inventory using FIFO
LAWEND
UNITED MAP COMPANY
LAATBERGARNE
X Table of Contents-FMGT-4915
9
(the Bove
Bian
e
B
11
#
4
X
B
Chapte
-/3
Transcribed Image Text:on (1,585)-amarpalbatth56 x Inbox-amarpalkaur56@gmal Xontario one key Search Question 1 of 5 Date Nov. 1 com/was/ui/v2/assessment-player/indexhtml?aunchid-ad000434-0856-4025-3894-6854ea7bc0e/question/0 9 (a) 15 22 View Policies You are given the following information for Wildhorse Company for the month ended November 30, 2024: 29 30 Description Beginning inventory Purchase Sale Purchase Sale Purchase Your Answer Correct Answer Cost of goods sold 5 Ending inventory Units $ 55 100 (120) 145 (160) 40 You've completed all of the work in this assignment. WORLD POLITICAL Unit Cost $49 Bu Q Search 44 Wildhorse Company uses a perpetual inventory system. All sales and purchases are on account. 43 Calculate the cost of goods sold and the ending inventory using FIFO LAWEND UNITED MAP COMPANY LAATBERGARNE X Table of Contents-FMGT-4915 9 (the Bove Bian e B 11 # 4 X B Chapte -/3
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