Cascade Inc. completed the given inventory transactions throughout the month of September:
Date Item Quantity Unit Cost
1-Sep Balance 25 $80
4-Sep Purchase 40 $78
12-Sep Sale 52
22-Sep Purchase 30 $77
30-Sep Sale 22
Requirements:
1) Make a perpetual inventory record by using FIFO.
2) Make a perpetual inventory record by using LIFO.
3) Make a perpetual inventory record by using average cost