77-11 only, please (or any of them)

COMPREHENSIVE PROBLEM rehensive Problem for Chapters 5 a Co Davis Lamp Company (DLC), owned by Jenny Davis, is a wholesale c rchases lamps from the manufacturer and resells them to retail stores. The a wholesale company that purch has three inventory items: desk lamps, table lamps, and floor lamps, DLC a perpetual invento Cerpetual inventory system, FIFO method. DLC owns land with a building usesh is separated into two parts: office space and warcehouse space. All expenses cated with the office are categorized as Administrative Expenses. All expenses associated with the warehouse, which is used for the shipping and receiving functions the company, are categorized as Selling Expenses. In addition to the land and build- DLC also owns office furniture and equipment and warebouse fixtures. The com- associat ing. or uses one accumulated depreciation account for all the depreciable assets. The trial balance for DL.C as of September 30, 2018 follows: DAVIS LAMP COMPANY Trial Balance September 30, 2018 Balance Account Debit Credit Cash $ 457,000 Accounts Receivable Merchandise Inventory Office Supplies 126,000 275 Warehouse Supplies 350 Land 20,000 Building 780,000 Office Furniture and Equipment 125,000 260,000 Warehouse Fixtures $ 194,000 Accumulated Depreciation Accounts Payable 398,925 Davis, Capital Davis, Withdrawals 2,654,150 Sales Revenue 1,061,450 Cost of Goods Sold 270,000 Salaries Expense-Selling 32,000 Utilities Expense-Selling Supplies Expense-Selling Depreciation Expense-Selling 90,000 Salaries Expense-Administrative 25,000 Utilities Expense-Administrative Supplies Expense-Administrative Depreciation Expense-Administrative 3,247,075 $3,247,075 Total 7. Provide a summary for the month, in both units and dollars, of the change in inventory for each item in the following format: Desk Lamps Table Lamps Floor Lamps Number Dolla Nurmber of lamps Amount of lamps Amount Dcllar Narber olar Beginning Balance Add: Purchases Less: COGS Ending Balance Does the sum of the ending balances in the inventory records match the balance n Merchandise Inventory in the general ledger? If not, review the transactions to find your error. ewner's equity for the year ended December 31, 2018, and a classified balance sheet as of December 31, 2018. repare Davis Lamp Company's multi-step income statement and statement of 9. Calculate the following ratios for DLC as of December 31, 2018: gross profir percentage, inventory turnover, and days' sales in inventory 10. Record and post the closing entries. 11. Prepare a post-closing trial balance