FILLO,Inc.'s inventory activity in May was:

Part A: CHOOSE THE COLUMN that represents the end of May financial statement where the line item will appear and FILL IN THE DOLLAR AMOUNT using the LIFO PERPETUAL method. Part B: Choose the column that represents the end of May statement where the line item will appear and fill in the dollar amount using the FIFO perpetual method.
Part C: Select which method is correct by choosing LIFO,FIFO,or Same,if both methods give the same result.

Question

FILLO,Inc.'s inventory activity in May was:
  
Part A: CHOOSE THE COLUMN that represents the end of May financial statement where the line item will appear and FILL IN THE DOLLAR AMOUNT using the LIFO PERPETUAL method.  Part B: Choose the column that represents the end of May statement where the line item will appear and fill in the dollar amount using the FIFO perpetual method.
  Part C: Select which method is correct by choosing LIFO,FIFO,or Same,if both methods give the same result.

Quizplus · Accepted Answer

The Answer of FILLO,Inc.'s inventory activity in May was:
  
Part A: CHOOSE THE COLUMN that represents the end of May financial statement where the line item will appear and FILL IN THE DOLLAR AMOUNT using the LIFO PERPETUAL method.  Part B: Choose the column that represents the end of May statement where the line item will appear and fill in the dollar amount using the FIFO perpetual method.
  Part C: Select which method is correct by choosing LIFO,FIFO,or Same,if both methods give the same result.

FILLO,Inc.'s Inventory Activity in May Was