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John Adams Companys record of transactions for the month of April was as follows. ...

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Accounting

John Adams Companys record of transactions for the month of April was as follows.
Purchases Sales
April 1(balance on hand)600 @ $6.00 April 3500 @ $10.00
41,500 @ 6.0891,400 @ 10.00
8800 @ 6.4011600 @ 11.00
131,200 @ 6.50231,200 @ 11.00
21700 @ 6.6027900 @ 12.00
29500 @ 6.794,600
5,300
Instructions
Assuming that periodic inventory records are kept in units only, compute the inventory at April 30 using (1) LIFO and (2) average-cost.
Assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) FIFO and (2) LIFO.
John Adams Companys record of transactions for the month of April was as follows.
(Compute FIFO, LIFO, Average-CostPeriodic) Presented below is information related to Blowfish radios for the Hootie Company for the month of July.

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