5f7bXc7EbHAWWSTARPSBkqvxM6SfKWIROWK9g/viewform?hr submission=ChkljqmeweUBE Beginning inventory plus the cost of goods purchased equals a cost of goods sold. b. cost of goods available for sale c. net purchases. d. total goods purchased Claims for which formal instruments of credit are issued as proof of the debt ar a accounts receivable. b. interest receivable. c.notes receivable. d. other receivables A company just starting in business purchased three merchandise inventory items at the following prices. First purchase Sao: Second purchase $95; Third purchase 585. If the company sold two units for a total of 5240 and used FIFO costing the gross profit for the period would be f7bXcEDHA9Ww.TAKPSBkqV_MSIKWIROWK9g/viewform?hr_submission=chkemewBELIS A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80: Second purchase $95: Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be O a. $65. O b. $75. c. $60 OO d. $50. Three accounting issues associated with accounts receivable are O a. depreciating, returns, and valuing. b. depreciating valuing, and collecting. O c. recognizing, valuing, and disposing. d. accrual bad debts, and disposing A company has net credit sales of $700,000 for the year and it estimates that uncollectible accounts will be 2% of sales. If Allowance for Doubtful Accounts has a credit balance of $1,000 prior to adjustment, its balance after adjustment will qopl/bXc7EbH9WW.TARPSBkqvxM6SIKWARCOWK9g/viewform?hr submission ChkligmeweUBEhAjSev? a depreciating, returns, and valuing b. depreciating, valuing, and collecting c. recognizing, valuing, and disposing. d. accrual, bad debts, and disposing A company has net credit sales of $700.000 for the year and it estimates that uncollectible accounts will be 2% of sales. If Allowance for Doubtful Accounts has a credit balance of $1,000 prior to adjustment. its balance after adjustment will be a credit of a $14,000 b $15.000 c. $13.980 d. $12,000 Submit Never words to Google Fono Google