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Other Fields Homework Help Accounting Topic started by: H3Ko on Aug 29, 2016



Title: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of $31,500. ...
Post by: H3Ko on Aug 29, 2016
Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of $31,500.  During the month, Open Space purchased and sold merchandise on account as follows:

June 7   Purchase   25 sofas @ $750 each
      14   Sale   30 sofas @ 1,150 each
     18   Purchase   50 sofas @ $775 each
     27   Sale   35 sofas @ $1,200 each

Prepare a perpetual inventory record, using the LIFO inventory costing method, and determine the company's cost of goods sold, ending merchandise inventory, and gross profit.
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Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: Tanks on Aug 29, 2016
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Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of $31,500. ...
Post by: H3Ko on Oct 12, 2016
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right


Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: kdosslove on Oct 3, 2017
i dont see the answer


Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: bio_man on Oct 3, 2017
Quote

Me neither.. I'll update the thread for you this  afternoon


Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: bio_man on Oct 3, 2017
Try it now :) I've updated the thread


Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: Janessa Cayabyab on Nov 30, 2019
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Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: j8y96iutyghjhg on Dec 10, 2019
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Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: Prachi Patel on Jan 27, 2020
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Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of $31,
Post by: Karlie Runge on Feb 25, 2020
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Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: Ryan Newman on Mar 13, 2020
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Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: Jscott55 on Oct 7, 2020
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Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: sarahxg on Oct 10, 2020
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Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: maro kuma on Oct 11, 2020
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Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: Daniela Caldera on Oct 21, 2020
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Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: ahmad ahmad1 on Nov 26, 2020
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Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: Deborah Underwood on Dec 1, 2020
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Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: Dorothy Mccall on Dec 5, 2020
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Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: inamotoaaa on Dec 10, 2020
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Title: Re: Open Space Furniture began June with merchandise inventory of 45 sofas that cost a total of ...
Post by: Thảo Dương on Dec 10, 2020
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