Bonivesta Inc., a general merchandiser, uses the periodic inventory system. Transactions recorded for January 2022 are as follows: 1 January 2 January 4 January 6 January 7 January Opening inventory Issued A. R1 208 OB. R4 810 OC. R28 60 OD. R3 602 200 units 70 units 130 units 150 units 307 units Received Received Issued 10 January Stock taking Using the weighted average cost method, calculate the closing inventory on 10 January 2022 @R10 per unit @R12 per unit @R13 per unit

Bonivesta Inc., a general merchandiser, uses the periodic inventory system. Transactions recorded for January 2022 are as follows: 1 January 2 January 4 January 6 January 7 January Opening inventory Issued A. R1 208 OB. R4 810 OC. R28 60 OD. R3 602 200 units 70 units 130 units 150 units 307 units Received Received Issued 10 January Stock taking Using the weighted average cost method, calculate the closing inventory on 10 January 2022 @R10 per unit @R12 per unit @R13 per unit

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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