(0) pousers Distributors purchases inventory creates of merchandise - sssume the company began Dec. with an inventory of 40 units that cost $335 each during the month, the company engaged in the following business transactions Die lo purchased 36 units on decots att335. is sold 43 units on account at $ 670. 22 Purchased 80 units on account at $385. 29 Sold 79 units on account at $770. 31 Reported monthly operating expenses of $20,000 The company paid one-third with cash, and the rest was recorded on account laid $15.000 of the secounts Payable balame Required 31 4 popare ca barbatuslikestory record at FIFO cost, for this marchandise 2 Male journal entries to record the comfory transactions. (2.1 Assume Dollar Lentenant Store estimates its inventory by the gross margin method when forebaring monthly financial statement for the past two years, the cost of goods purchased has averaged 63 percent of not sales, sesume further that the company's inventory records for its stores reveal the following dala Inventory: June 1, 2020 $450,000 Transactions during Sunse Purchases: 85210000 Sales & $8,255,000 Required Prepare the Juns Income statement through margin for Dollar heutenant Store 13) Jones Distributors purchases inventary in crates of merchandise sssume the company began spril with an inventory of 40 units that cost $33s each. During the month, the company engaged in the following busines transactions: spril 10l Purchased 3 ounits at $35s. is sold 48 units at $ 670 D 22 Purchased tounits at $385 ? 29 Sold 91 units at $710. 30 Keported monthly operating eneboenses of 29,000 the rest was recorded on account. The company paid and thend with cash, and 30 paid $21,000 of the sucurits Payable balam Required (1) Prepare a perpetual inventory record at moving weighted average cost. Prepare a a multi-step income statement for Sames Bistributors for the monte of Alberto 2020 to calculate saralong wacana 2 10