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    Category: Inventories

    2020 SASS 3N POA EOY P2 Q3

    3 Christopher is a young graduate who started an online business selling gifts. He is looking at selling wireless earphones as one of his gift…

    caleb April 13, 2021

    2020 SASS 3E POA EOY P2 Q3

    3 Ethan is a young graduate who started an online business selling gifts. He is looking at selling wireless earphones as one of his gift…

    caleb April 13, 2021

    2020 BGSS 3N POA EOY P2 Q2

    2 Inari Trading is in the footwear business. On 15 July 2020, Inari Trading purchased a batch of sandals on credit from a credit supplier.…

    caleb April 13, 2021

    2020 BGSS 3E POA EOY P2 Q2

    2 On 15 July 2020, Smart Trading purchased a batch of sandals on credit from an overseas supplier, Fast Walker. The invoiced amount of the…

    caleb April 13, 2021

    2020 PHS 3N POA EOY P2 Q2

    2 Tessa Tea carries the most exquisite earl grey tea from the South of France. The business only buys tea from a trusted supplier, Eriel…

    caleb April 9, 2021

    2020 PHS 3E POA EOY P2 Q2

    2 Lilian is in the business of selling kitchen supplies. With families turning to home-cook meals, lunch boxes become a popular item especially for families…

    caleb April 9, 2021

    2020 PHS 3E POA EOY P1 Q3

    3 Martin, who sells designer lamp shades follows First-In-First-Out inventory management. The following were extracted for the month of July 2020. 1. Inventory on hand…

    caleb April 9, 2021

    2020 USS 3N POA EOY P2 Q4

    4 Hi Sports Trading buys and sells sports apparel. On 1 July 2020, Hi Sports Trading had an inventory balance of $5 000 for 100…

    caleb April 9, 2021

    2020 USS 3N POA EOY P2 Q3

    3 Roland purchases goods on credit from Lion Supplies. The following transactions took place in Roland’s business for the month of May 2020. May 1…

    caleb April 9, 2021

    2020 SACSS 3N POA EOY P2 Q2

    2 Belina Health Care buys and sells thermal scanners. It records inventory movement using the FIFO method.  On 1 May 2020, it has 40 units…

    caleb April 8, 2021
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