MSartain
Oct 4, 2009, 10:34 PM
I am trying to compute ending inventory and cost of goods sold using FIFO and LIFO and Average Cost.
June 1 Inv 198 8 1584
12 Purchase 593 9 5337
23 Purchase 791 11 8701
30 Inv 316
I figured out FIFO but can't seem to do LIFO
Thank you
June 1 Inv 198 8 1584
12 Purchase 593 9 5337
23 Purchase 791 11 8701
30 Inv 316
I figured out FIFO but can't seem to do LIFO
Thank you