Rian Vivas

BATCO STORES
Stock Valuation Worksheet – FIFO Method
Purchases/RECEIPTS Sales/ISSUES Balance
Dates Units Price Value Units Price Value Units Price Value
$ $ $ $ $ $
September 1 5 50 250
September 4 10 52 520 5 50 250
10 52 520
September 10 5 50 250 9 52 468
1 52 52
September 16 10 55 550 9 52 468
10 55 550
September 26 8 52 416 1 52 52
10 55 550