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    nedno's Avatar
    nedno Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Apr 8, 2012, 04:56 PM
    First in first out
    Beg inventory 72@17 purchase 103@19 purchase 158@21 purchase 43@22 ending inventory [email protected]
    nedno's Avatar
    nedno Posts: 2, Reputation: 1
    New Member
    		  
    #2

    Apr 8, 2012, 04:57 PM
    Beg inventory 72@17 purchase 103@19 purchase 158@21 purchase 43@22 ending inventory [email protected]
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #3

    Apr 9, 2012, 06:27 AM
    You need to add your beginning inventory to your purchases to get goods available for sale. Since ending inventory equals goods available for sale there were no sales so your Cost Of Goods Sold will be zero.
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