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11:28 Mon 24 Jun . ... @ 38% Reader View Available C + Apple Disney ESPN Gift Ideas f...erience Days Deal Zippy..ne Place UK The Things...- TripAdvisor ... B291-19D: Assessment Lloyds Bank - Mobile Bank... Takeaways Delivered from... X iCMA 43 The Open University 50 Meemi Khalili (E2502098) YEARS Sign out | Contact the OU | Accessibility Search the OU Q StudentHome Profile Study Library Careers Community Help Centre B291-19D Home Assessment Tutorials Forums Resources News ? B291-19D Home > Week 10 > iCMA 43 - WEEK 10 Unit 4 From the trial balance (continued) Unit 4 resources Assessment Booklet iCMA 43 Questions i 2 Question 9 Not yet answered Marked out of 1.00 Flag question 3 4 5 Ben sells flowers. He decides to give his girlfriend 100 roses to wish her a Happy New Year and he takes these out of the inventory he purchased early 6 8 in the morning of 31 December. What adjustment should Ben make in respect of the 100 roses, assuming that the roses cost $0.50 each and that he uses a periodic inventory system? 9 10 11 The periodic inventory system debits inventory purchased to the purchases account and requires an adjustment for closing inventory at the end of an 12 13 14 accounting period 15 16 17 Select one: DR Inventory $50 / CR Drawings E50 18 19 20 DR Purchases $50 / CR Drawings E50 DR Drawings E50 / CR Suspense $50 Finish attempt ... DR Drawings E50 / CR Purchases $50

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