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. graphic(6.2.42-44_lo.png) 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 Content hidden
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 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
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