1/20 Purchased Units 75 @ $17 = $1275
4/21 Purchased Units 450 @ $19 = $8550
7/25 Purchased Units 200 @ $23 = $4600
9/19 Purchased Units 100 @ $29 = $2900 Available for Sale: 825 $17325 During this year Bristol Sales sold 775 DVDs for $60 each. (1) FIFO
Cash
2012 1/20
4/21
7/25
9/19
Bal:
Sales Revenue
2012
Bal:
Cost of Goods Sold
2012
Bal:
Merchandise Inventory
1/20
4/21
7/25
9/19 2012
Bal:
(2) LIFO:
Cash
2012 1/20
4/21
7/25
9/19
Bal:
Sales Revenue
2012
Bal:
Cost of Goods Sold
2012
Bal:
Merchandise Inventory
1/20
4/21
7/25
9/19 2012
Bal:
(3) Weighted Average:
Cash
2012 1/20
4/21
7/25
9/19
Bal:
Sales Revenue
2012
Bal:
Cost of Goods Sold
2012
Bal:
Merchandise Inventory
1/20
4/21
7/25
9/19 2012
Bal: