antu How Saved TB MC Qu. 6-97 Inventory records for Marvin Company... Inventory records for Marvin Company revealed the following: Date Transaction Mar. 1 Beginning inventory Mar.10 Purchase Mar.16 Purchase Mar. 23 Purchase Number of Units 1,070 530 900 550 Unit Cost $7.18 7.29 7.43 7.60 Marvin sold 2,000 units of inventory during the month. Cost of goods sold assuming weighted average cost would be Intermediate calculations and round your final answer to nearest dollar amount. Round weighted average unit cost necessary.) TB EX Qu. 6-204 During 2021, a company sells... During 2021, a company sells 24 units of inventory. The company has the following inventory purchase transactions for 2021 Date Transaction Jan. 1 Beginning inventory Sep. 8 Purchase Number of Units 15 12 27 Unit Cost $57 59 Total Cost $ 855 703 $1,563 51 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO Ending inventory Cost of goods sold TB MC Qu. 5-159 On February 1, 2021, Sanger Corp... On February 1, 2021. Sanger Corp. tends cash and accepts a $6,500 note receivable that offers 12% interest and is due in six months. What would Sanger record on August 1, 2021, when the borrower pays Sanger the correct amount owed? (Do not round intermediate calculations.) A. Cash Interest Revenue Notes Receivable B. Cash Accounts Receivable C Cash Interest Revenue Notes Receivable P. Cash Notes Receivable 6,899 260 16,630 6,500 6,5ee 6,899 390 16,5ee 6,899 6,890 Saved Help Save & E TB MC Qu. 5-158 On February 1, 2021, Miter Corp... On February 1, 2021, Miter Corp. lends cash and accepts a $3,300 note receivable that offers 12% interest and is due in six months. How much interest revenue will Miter Corp. report during 2021? (Do not round intermediate calculations.) Multiple Choice $213. $396 $2.376 O $198. Help Save LE TB EX Qu. 4-178 A company's Cash account shows a balance... A company's Cash account shows a balance of $3,440 at the end of the month. Comparing the company's Cash account with the monthly bank statement reveals several additional cash transactions such as bank service fees (550) an NSF check from a customer ($390), a customer's note receivable collected by the bank $(1000), and interest earned $(180). Prepare the necessary entries to adjust the balance of cash. (If no entry is required for a transaction event, select "No Journal Entry Required" in the first account field.) View transaction list EX A Record the entries that increase cash. B Record the entries that decrease cash