(1)

(2)

Pls help me figure out the right answer, give correct one kudos!

Current Attempt in Progress Some of the transactions of Metlock Company during August are listed below. Metlock uses the periodic inventory method. August 10 Purchased merchandise on account $9,800, terms 2/10,n/30. 13 Returned part of the purchase of August 10, $1,000, and received credit on account 15 Purchased merchandise on account, $13,800, terms 1/10, 1/60. Purchased merchandise on account, $18,300, terms 2/10, 1/30. Paid invoice of August 15 in full. 25 28 Your answer is partially correct. Assuming that purchases are recorded at gross amounts and that discounts are to be recorded when taken: Prepare general journal entries to record the transactions. (If no entry is required, select "No entry" for the account titles and entero for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Purchases 9800 Accounts Payable 9800 ug. 10 ug. 13 Accounts Payable 1000 Purchase Returns and Allowances 1000 ug. 15 Purchases 13800 Accounts Payable 13800 ug. 25 Purchases 18300 Accounts Payable 18300 ug. 28 Accounts Payable 13800 Cash 13662 Show Attempt History Current Attempt in Progress Swifty Company's record of transactions for the month of April was as follows. April 3 9 11 Purchases April 1 (balance on hand) 420 @ $6.00 4 1,050 a 6.08 8 560 a 6.40 13 840 6.50 21 490 @ 6.60 29 350 @ 6.79 3,710 Sales 350 @ $10.00 980 @ 10.00 420 @ 11.00 840 11.00 630 12.00 3,220 23 27 Your answer is partially correct. Assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) FIFO and (2) LIFO. (Round answer to decimal places, e.g. 2,760.) (1) FIFO (2) LIFO Inventory 3301 2946