Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. transactions for the month of june were: purchases

Transactions for the month of June were: Purchases Sales June 1 (balance) 3100 @ $3.00...

90.2K

Verified Solution

Question

Accounting

Transactions for the month of June were: Purchases Sales June 1 (balance) 3100 @ $3.00 June 2 2300 @ $5.30 3 8700 @ 2.90 6 6300 @ 5.30 7 4700 @ 3.10 9 3900 @ 5.30 15 7100 @ 3.20 10 1500 @ 4.00 22 1900 @ 3.30 18 5500 @ 4.00 25 750 @ 4.00 Assuming that periodic inventory records are kept in units only, the ending inventory on a LIFO basis is $16990. $16275. $15535. $15750.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Please read the case provided below and answer the following question: COMPANY Case: Porsche: Guarding the Old...

Operations Management
Q

What are five key characteristics of the family Rosaceae?

Biology
Q

17 If mLCDA A 140 B 220 A 110 what is the mAD C 70...

Basic Math
Q

Below are the times (in days) it takes for a sample of 6 customers from...

Basic Math
Q

arccos cos arccos FIN 2

Basic Math
Q

Victoria read a 160-page historical fiction novel followed by a science fiction novel of the...

Basic Math
Q

Given W x dx 12 find the following S 13f x 91dx O a 21...

Algebra
Q

QUESTION 2 Heston Company has the following information for the...

Accounting
Q

When a company sold merchandise to a retailer with terms n/30, and the retailer gives...

Accounting
Q

French Corporation wishes to hire Leslie as a consultant to design a comprehensive staff training...

Accounting
Q

Question 4 of 4 WILDHORSE COMPANY Balance Sheets December 31 20272026 Assets Current assets Cash...

Accounting
Q

which of the following are risks for multinational corporations but nor risks for domestic corporations?...

Accounting