Nissho Bookkeeping Grade 1
Nissho Bookkeeping Grade 1 (日商簿記検定試験 1級, Japan)
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In 商業簿記, a merchandiser uses FIFO periodic inventory. Purchases were 100 units at 500 yen, then 200 units at 600 yen, then 150 units at 700 yen. Sales totaled 280 units. What is ending inventory in yen?
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