2According to the average price method, which of the following is the amount of Asset Stock at the End of the Period? a)37,200 TL B)59,250 TL NS)43,480 TL D)33,480 TL TO)93,000 TL Unit priceDateexplanationQuantity5 TL1 April--6th of April12 April21st of AprilApril 27BuyingBuyingSales1.000 kg4.000 kg2.400 kg5.000 kg4.000 kg7 TL12 TLBuyingSales

As per Average price method Cost of ending inventory is measured by

Answered: Unit price Date explanation Quantity 5…

Unit price Date explanation Quantity 5 TL 7 TL 1 April-- 6th of April 12 April 21st of April April 27 1.000 kg 4.000 kg 2.400 kg 5.000 kg 4.000 kg Buying Buying Sales 12 TL Buying Sales

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

According to the average price method, which of the following is the amount of Asset Stock at the End of the Period?

37,200 TL

59,250 TL

NS)

43,480 TL

33,480 TL

TO)

93,000 TL

Unit price
Date
explanation
Quantity
5 TL
1 April--
6th of April
12 April
21st of April
April 27
Buying
Buying
Sales
1.000 kg
4.000 kg
2.400 kg
5.000 kg
4.000 kg
7 TL
12 TL
Buying
Sales

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