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ABC Company is a merchandising company that sells chairs. At the begging of May, the inventory had 800 units that cost 9.5 each SR. During

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ABC Company is a merchandising company that sells chairs. At the begging of May, the inventory had 800 units that cost 9.5 each SR. During the month, the ABC Co. made two purchases: 700 units at 10 SR each and 1,000 units at 9.9 SR each. ABC Co. sold 1,075 units during the month. Using the average cost method, what is the amount of cost of goods sold for the month? Select one: O a. 12,825 SR O b. 13,965 SR O c. 10,750 SR O d. 10,535 SR On May 18, ABC company issued check no. 1181 for 570 SR to Mr. Mohammed, on account. The check, which cleared the bank in May, was incorrectly journalized and posted by the company for 750 SR. How would this error be included in the bank reconciliation? Select one: aan addition on the bank side ba deduction on the book side Ca deduction on the bank side d. an addition on the book side

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