44. NVENTORY METHODS: Co. Z has the following units of beginning inventory, purchases and total sales for the year: Beginning inventory 400 units at $10 each, Purchase 6/1 300 units at $15 cach, Purchase 9/1 300 units a 20 each, and total sales for the year of 40) units. How many units are in ending inventory? A. 600 B. 500 C. 400 D. 300 E. None of the above 45. JOURNAL ENTRIES: What is the adjusting journal entry to record the accrual c of $1.000 of interest income on a note receivable? A. Dr. Note Receivable 1,000. Cr. Interest Revenue 1.XXO B. Dr. Cash 1,000: Cr. Note Receivable 1.000 C. Dr. Interest Receivable 1,000: Cr. Interest Revenue 1.000 D. Dr. Cash 1,000: Cr. Note Receivable 1,000 E. None of the above 46. JOURNAL ENTRIES: What is the journal entry to record the following transaction: The owner, Marcia Ramos withdrew 7000 from her business? A Dr. Cash 7.000: Cr. Marcia Ramos, Capital 7.000 B. Dr. Marcia Ramos, Capital 7,000: Cr. Cash 7,000 C. Dr. Cash 7,000: Cr. Marcia Ramos. Withdrawals 7.000 D. Dr. Marcia Ramos, Withdrawals 7.000: Cr. Cash 7.000 L. None of the above 47. SPECIAL JOURNALS: In which journal is the cash purchase of merchandise inventory recorded? A. Cash Receipts B. Cash Payments C. Purchases D. Sales E. None of the above 48. SPECIAL JOURNALS: In which journal is a purchase retum recorded? A. Cash Receipts B. Cash Payments C. Purchases D. Sales E. None of the above 49. FINANCIAL STATEMENTS: Which financial statement shows how much money the owner has in the business at both the beginning of the period and at the end of the period? A. Income Statement B. Statement of Owner's Equity C. Balance Sheet D. Statement of Cash Flow E. None of the above 50. SPECIAL JOURNALS: In which journal is an adjusting entry recorded? A. Cash Receipts B. Cush Payments C. Purchases D. Sales E. None of the above