Question:

Date Transaction 1 Nov Beginning balance 40 00 4 Nov

Last updated: 2/26/2024

Date Transaction 1 Nov Beginning balance 40 00 4 Nov

Date Transaction 1 Nov Beginning balance 40 00 4 Nov Purchases 70 00 6 Nov Purchases 40 00 7 Nov Sales 100 00 Calculate the cost of ending inventory after the Nov 7 sale per LIFO Multiple Choice 1 100 2 120 3 500 2 200 1 020 2 280 20 00 22 00 24 00 60 00 Total 800 00 1 540 00 960 00 6 000 00 3