Cascade Inc. completed the following inventory transactions during 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. Prepare a perpetual inventory record using FIFO
2. Prepare a perpetual inventory record using LIFO
3. Prepare a perpetual inventory record using average cost
