A company's normal selling price for its product is $2 peruntHowever, due to market competition, the selling price has tento 523 per unit. This company's current $24 per unit Net reliable value has fallen to $21 per unit Calculate the value of this company's inventory at the lower of cost or inventory costs of purchased 52470 52880 2620 90 At the end of the day, the cash register's record shows $1,284, but the count of cash in the cash register is $1262 The correct entry to record the cash sales is Maple Choice Debit Cash $1,284, credin Sales $1284 O Debit Cash $1262, debit Cash Over and Short 522 credit Soles 51.284 C) Debt Cash $1.284, credit Cash Over and Short $1,262, cred Sales $22 O Debit Cash $1262. Credit Sales 51.262 Debit Cash Over and Short $22. credit Sales 522 Assume that the custodian of a $450 petty cash fund has $ 550 in coins and currency plus $392.50 in receipts at the end of the month the entry o n the chan c e Multiple Choice U A credit to Cath for $39650 O A debit to Pemy Cash for 539250. o O A credit to Cash Over and Short for 54.00 o A debit to Cash for $388.50 o A debito Cash for $39650 Havermill Co establishes a $450 petty cash fund on Septemberton September 30, the funds replenished the accumulated receipts on the date represent force Success for enthunder and 542 for miscellaneous expenses. The und has a balance of St On October the accountant determines that the fund should be increased by the jouwerty to record the b eer of tendon September is: Multiple Choice u Deba Cash $450, red Accounts Payable $450 Debut Petty Cash $450, cred Cash $450 O Debat Peny Cash $450, credit Accounts Payable $450 Oo oo Debt Miscellaneous Expense 1450 Credit Cash $450 De Cash $450, credit Pony Cash 5450 Spencer Co has a $390 petty cash fund. At the end of the first month the accurated receipts represent 62 for de very expenses. 5200 for merchandise inventory and a balance of $94. The journal entry to record the rembursement of the account inades a for s u s expenses. The des Multiple Choice o Credit to Cash for $296 o U Credit to inventory for $200 O u Debit to Pety Cash for 5390 O Debit to Cash Over and short for 594 O 0 Credit Cash Over and short for $94