Swiss-Mart Company's beginning inventory balance and purchase and sales transactions for the month of June were as follows:
Assuming that the company keeps perpetual inventory records, Swiss-Mart's inventory at June 30 on a LIFO basis is
A) CHF3,000.
B) CHF3,200.
C) CHF3,300.
D) CHF3,500.
Correct Answer:
Verified
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