6 14 Number of units availabe for sale ST Total cost of available units Number of units sold ET N Date Units Price Total cost Aug 1 Beg Bal 50 $56.10 Aug 3 Purchase 125 $56.15 5 Aug 4 Sale 75 $65.00 X 6 Aug 8 Sale 50 $65.00 X 7 Aug 12 Purchase 150 $56.20 8 Aug 15 Sale 85 $145.00 X 9 Aug 20 Purchase 75 $124.75 10 Aug 22 Sale 40 $150.00 X 11 Aug 25 Purchase 100 $125.00 12 Aug 28 Sale 100 $150.00 X

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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6
14 Number of units availabe for sale
ST
Total cost of available units
Number of units sold
ET
N
Date
Units
Price
Total cost
Aug 1 Beg Bal
50
$56.10
Aug 3 Purchase
125
$56.15
5
Aug 4 Sale
75
$65.00
X
6
Aug 8 Sale
50
$65.00
X
7
Aug 12 Purchase
150
$56.20
8
Aug 15 Sale
85
$145.00
X
9
Aug 20 Purchase
75
$124.75
10
Aug 22 Sale
40
$150.00
X
11 Aug 25 Purchase
100
$125.00
12
Aug 28 Sale
100
$150.00
X
Transcribed Image Text:6 14 Number of units availabe for sale ST Total cost of available units Number of units sold ET N Date Units Price Total cost Aug 1 Beg Bal 50 $56.10 Aug 3 Purchase 125 $56.15 5 Aug 4 Sale 75 $65.00 X 6 Aug 8 Sale 50 $65.00 X 7 Aug 12 Purchase 150 $56.20 8 Aug 15 Sale 85 $145.00 X 9 Aug 20 Purchase 75 $124.75 10 Aug 22 Sale 40 $150.00 X 11 Aug 25 Purchase 100 $125.00 12 Aug 28 Sale 100 $150.00 X
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