Specific Identification example p e Inventory Date Purchases Cost of Goods sold Balance Au 10@$9 $910 $910 Au9.3|15@$106=$1590 $2,500 Aug. 14 9@$91=$819 11@$106 $1,166$515 The Cost of Goods Sold for the August 14 sale is $1, 985, leaving $515 and 5 units in inventory Let look at the entries Continue for the Aug 14 sale Irwin/McGraw-Hill The McGraw-Hill Companies, Inc, 1999?The McGraw-Hill Companies, Inc., 1999 Irwin/McGraw-Hill Specific Identification Example The Cost of Goods Sold for the August 14 sale is $1,985, leaving $515 and 5 units in inventory. Continue Date Purchases Cost of Goods Sold Inventory Balance Aug. 1 10 @ $ 91 = $ 910 $ 910 Aug. 3 15 @ $ 106 = $ 1,590 $ 2,500 Aug. 14 9 @ $ 91 = $ 819 11 @ $ 106 = $ 1,166 $ 515 Let抯 look at the entries for the Aug. 14 sale