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9 Metro Inc. recorded the following transactions about a purchase of merchandise: Received goods for $10,000, credit terms 1/10, n/30. Paid $300 freight on the

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9 Metro Inc. recorded the following transactions about a purchase of merchandise: Received goods for $10,000, credit terms 1/10, n/30. Paid $300 freight on the shipment. Paid the invoice within the discount period. As a result of these events, the company's inventory becomes $9900 O 5 10200 $12870 $10000 10 On January 1, Ted's Hardware had an inventory of 10 hard disk's at a cost of $500 each. On January 7, the following transaction occurred. Assuming the company uses a perpetual inventory system, which of the following is not a part of the journal entry for this transaction. -Sold 3 hard disks to Teknosoft Co. for $700 each, terms 2/10, n/30. O DI COGS 2100 Dr. A/R 2100 Cr. Inventory 1500 Cr. Sales Revenue 2100 11 The physical count of inventory had a cost of $4,800 at year end for Haradale Co. However, the balance of inventory in the accounting records was $4,990. Based on this data, what is the entry Haradale should make before preparing its adjusted trial balance? (You should select at least two from the list below) Cr. Inventory 190 Dr. Income Summary 190 Dr. COGS 190 Dr. Inventory 190 Cr. COGS 190 12 Prepare the necessary journal entries on the books of Hulk Inc. to record the following transaction, assuming a perpetual inventory system (You should select at least two from the list below) -purchased $30,000 of merchandise on account, terms 1/10, 1/30. Dr. Inventory 3000 Dr. Cash 29700 Dr. Cash 30000 Dr. Inventory 30000 Cr. A/P 30000 Submit

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