Transactions Jan 1 - Balance carry forward 100 units @ $10 each Jan 5 -...
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Transactions Jan 1 - Balance carry forward 100 units @ $10 each Jan 5 - Purchased 100 units $11 each Jan 10 - Sold 50 units Jan 12 - Purchased 200 units (i) $9 Jan 14 - Sold 150 units Jan 20 - Sold 50 units Jan 30 - Purchased 100 units @$10 AT WHAT COST IF WE APPLY FIFO SYSTEM JAN 5= JAN 10 - JAN 14 - IAN 20= AT WHAT COST IF WE APPLY AVERAGE SYSTEM JAN 5 - IAN 10 - IAN 14 - JAN 20 - AT WHAT COST IF WE APPLY LIFO SYSTEM IAN 5 - JAN 10 - JAN 14 - JAN 20
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