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A company purchased inventory for $1,100 per unit. The company later sold one unit of the inventory for cash of $1,800. Under the perpetual inventory

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A company purchased inventory for $1,100 per unit. The company later sold one unit of the inventory for cash of $1,800. Under the perpetual inventory systemwhich accounts will be debited to record the sale? O A Cash $1,800: Cost of Goods Sold S1,100 OB. Cash, $1,800: Cost of Goods Sold, 5700 OC Cash, S1,800 Inventory, $1,100 OD. Cash, 51,800: Inventory, 5700 Under the direct method of preparing the operating section of the statement of cash flows, net cash provided by financing activities is $548,000. If the indirect method of preparing the statement of cash flows was used: O A net cash provided by financing activities would be less than $548,000. OB not cath provided by financing activities would be more than $548,000. OC net cash provided by financing activities would be the same $548,000 OD. net cash provided by operating activities would equal $548,000 The following account balances were extracted from the accounting records of Thomas Corporation at the end of the year: Accounts Receivable $1,100,000 Allowance for Uncollectible Accounts (Credit) $35,000 Uncollectible - Account Expense $60,000 What is the net realizable value of the accounts receivable? O A $1.160,000 OB. 51.100.000 OC. 51.135,000 OD 51,065,000

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