am.100. Required Information[The following information applies to the questions displayed below.]Frigid Supplies reported beginning inventory of 275 units, for a total cost of $2,750. The compaby had the followingtransactions during the month:January 3 Sold 45 units on account at a selling price of $16 per unit.January 6 Bought 55 units on account at a cost of $10 per unit.January 16 Sold 55 units on account at a selling price of $15 per unit.January 19 Sold 45 units on account at a selling price of $21 per unit.January 26 Bought 35 units on account at a cost of $10 per unit.January 31 Counted inventory and determined that 185 units were on hand.3-a. What is the dollar amount of shrinkage that you were able to determine in periodic inventory system?3-b. What is the dollar amount of shrinkage that you were able to determine in perpetual Inventory system?Periodic Inventory systemPerpetual inventory systomAmount of shrinkage

Name: am.100. Required Information[The following information applies to the
Uploaded: 2024-03-20T06:32:37.000Z
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Description: am.100. Required Information[The following information applies to the questions displayed below.]Frigid Supplies reported beginning inventory of 275 units, for a total cost of $2,750. The compaby had the followingtransactions during the month:January