The Business for which you will be working on in this Exam using the XERO software is a retailer of electronic appliances that commenced business on 1st March 2020. You will be recording transactions for the month of March 2020.

The Business for which you will be working on in this Exam using the XERO software is a retailer of electronic
appliances that commenced business on 1st March 2020. You will be recording transactions for the month of March
2020.
Use XERO to establish a business that is titled as Question 1, Student ID Number and your Name as the Business
name (e.g. Question1_1234567_Alireza_Vafaei) and record one-month inventory transactions.
The business uses the perpetual inventory system and FIFO inventory cost flow method. On 1st March the company
commenced business with the following ledger balances:

Accounting

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The Business for which you will be working on in this Exam using the XERO software is a retailer of electronic appliances that commenced business on 1st March 2020. You will be recording transactions for the month of March 2020.

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