2- Assume that Raven Merchandising Company began July with 28 units of inxentory that cost a total of 784 TL. During Julv, the company had the following transactions: a. Under the FIFO costing method, what is the Raven's cost of goods sold for the Sale of July 10 ? (20 points) b. What is Raven's cost of ending inventory as of July 31 ? (20 points) 3- Describe the impact of fraud on financial statement? (10 points) 4- Describe the bank account as a control device on cash? (10 points)