from the following information you are required to calculate the value of ending inv 563214

From the following information, you are required to calculate the value of Ending Inventory and Cost of Goods Sold assuming (a) Perpetual System and (b) Periodic Inventory System under FIFO method.

Date

Transactions

Units

Price per Unit Rs

Jan 2,2009

Opening Balance brought forward

100

10

Jan 9,2009

Purchases

400

15

Jan 14, 2009

Sold

300

Jan 25, 2009

Purchases

500

20

Jan 29, 2009

Sold

400

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