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EX 7-6 Perpetual inventory using FIFO OBJ. 2, 3 Assume that the business in Exercise 7-5 maintains a perpetual inventory syst


OBJ. 2,3 EX 7-5 Perpetual inventory using LIFO Beginning inventory, purchases, and sales data for prepaid cell phones for May
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they maintain FIFO methode (Terst in lisist out methode) Cost & each altes each after each sale are as shows. anits Price pertaking a) is it was LiFo methode used, sale will be ant the last came inventory Date to particulars Number of Price Units pera The urrt which used in both the methodes & Trost in and out mensod and Last in last out methode are ared same And Canut of

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