(Answered) Problem - refer to the ski shop situation in attached file

Accounting

Problem - Refer to the Ski shop situation in (attached file). Keep all the data unchanged, but assume that Ski shop actually uses the average cost method.

Requirements -

1. Prepare a perpetual inventory record average cost. Round average unit cost to the nearest cent and all other amounts to the nearest dollar.

2. Prepare a multistep income statement for ski shop for the month of February.

Could you look at the attached file and answer the another attach file?

Attachment:- Assignment File.rar

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Accounting Basics, Accounting

Category:- Accounting Basics
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