Answer the following questions in handwriting, then attach them as a one file to assignment in your Blackboard before deadline. Question 1: The following from Rashid Co. for the ended 2022: (6 marks) - On Jan. 1, Beginning inventory 500 units @ \\$5. 1. On March 3, Rashid Co. purchase 2500 units at \\( \\$ 6 \\) on account. 2. On April 4, Rashid Co. purchase 2000 units at \\( \\$ 8 \\) on account. 3. On June 1, Rashid Co. sold merchandise (4000 units @ \\( \\$ 10 \\) per unit) on account to BBB Co. terms 2/10, Net/30. 4. On July 4, Rashid Co. purchase 3000 units at \\( \\$ 9 \\) on account. 5. On September 1, Rashid Co. sold merchandise (3500 units @ \\$10 per unit) on account to CCC Co. terms \\( 2 / 10 \\), Net/30. Instructions: 1. under perpetual system and using FIFO. Determine the cost of goods sold and ending inventory, then Record entries. 2. under periodic system and using WA. Determine the cost of goods sold and ending inventory, then Record entries. Question 2: (4 MARKS) The following information available from inventory of New Look co. for the year ended 2022: - At which amount should inventory be reported in statement of financial position, - and record required adjusting if any? Question 3 -AA: [4 marks] At June 1. \\( \\$ 200 \\) petty cash fund established for you. At June 30: you have \\( \\$ 160 \\) receipts and \\( \\$ 25 \\) cash on hand. Instructions: Record the journal entries. Question 3-BB: [6 marks] The information below relates to the Cash account in the ledger of MOZA Company. Balance September \\( 1-\\$ 25,720 \\). Balance September 30-\\$26,100 The September bank statement shows a balance of \\( \\$ 24,635 \\) on September 30 and the following memoranda. At September 30, deposits in transit were \\( \\$ 6,695 \\), outstanding checks totaled \\( \\$ 3,575 \\). Instructions - Prepare the bank reconciliation on September 30, what is the adjusted cash balance per book? - Then prepare required adjusted entries