Prob # 2 The company Xp presents us the relation of purchase of merchandise Beginning Inventory Balance ....6,231 A $ 7.52 Purchase # 1 ... ... 3546 for $ 28,935 2.... 6524 @ $ 8.25 3..... 370 @ $ 8.47 9845 units were sold. Determine a) Mechanism available b) Final inventory c) Cost of the merchandise

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Prob # 2
The company Xp presents us the relation of purchase
of merchandise
Beginning Inventory Balance
....6,231 A $ 7.52
Purchase # 1
....
3546 for $ 28,935
2.....
6524 @ $ 8.25
3.....
3700
@ $ 8.47
9845 units were sold.
Determine
a) Mechanism available
b) Final inventory
c) Cost of the merchandise
Transcribed Image Text:Prob # 2 The company Xp presents us the relation of purchase of merchandise Beginning Inventory Balance ....6,231 A $ 7.52 Purchase # 1 .... 3546 for $ 28,935 2..... 6524 @ $ 8.25 3..... 3700 @ $ 8.47 9845 units were sold. Determine a) Mechanism available b) Final inventory c) Cost of the merchandise
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