Balance on 1st-200@40
5/2012 purchase 160@50
7/2012 sales of 180
9/2012 purcase 200@60
14/2012 sales of 240
23/2012 purchase 240@64
calculate the cost of sales and the value of stock
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Balance on 1st-200@40
5/2012 purchase 160@50
7/2012 sales of 180
9/2012 purcase 200@60
14/2012 sales of 240
23/2012 purchase 240@64
calculate the cost of sales and the value of stock
So which will you use? These questions have been answered many times before
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