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General Accounting Discussions: please help me how can i get the gross income of 2009???

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    • CommentAuthorrhainne
    • CommentTimeApr 29th 2010
     
    using the FIFO metnod
    the given problem is these
    purchase of 2007 is 5000@50, 2008 is 900@60, 2009 15000@75...
    den the sales is
    2007 revenue is 280000
    2008 " " 630000
    2009" " 1200000

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