Problem 6-2A (Algo) Calculate ending inventory, cost of goods sold, sales revenue, and gross profit...

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Accounting

Problem 6-2A (Algo) Calculate ending inventory, cost of goods sold, sales revenue, and gross profit for four inventory methods (LO6-3,6-4,6-5)
George Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month March. George Bicycle Shop uses a periodic inventory system.
\table[[Date,Transactions,Units,Unit Cost,Total Cost],[March 1,Beginning inventory,20,$240,$4,800
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