Greg’s bicycle shop uses a periodic inventory system
Greg’s Bicycle Shop has the following transactions related to its top-sellingMongoose mountain bike for the month of March 2015. Greg’s Bicycle Shop uses a periodic inventory system. Date Transactions Units Cost perUnit Total Cost March 1 Beginning inventory 20 $205 $ 4,100 March 5 Sale ($310 each) 15 March 9 Purchase 10 225 2,250 March 17 […]