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can you break down the math please events changes to this answer. Question 28 of 50 Question 28 2 points Save Answer INVENTORY METHODS: Co.
can you break down the math please
events changes to this answer. Question 28 of 50 Question 28 2 points Save Answer INVENTORY METHODS: Co. F has the following units of beginning inventory and purchases for the year: beginning inventory 100 units at $40 each, a 2/28 Purchase 200 units at $50 each and a 6/15 purchase of 200 units at $60 each and a 12/15 purchase of 100 units at $80 each. Using the LFO method, if the ending inventory is 300 units, what is the cost of the ending inventory? A 14,000 B. 12,000 C. 7,000 D. 6,000 E. None of the above Question 9 BANK RECONCILIATION: In a bank reconciliation if the EFT collection is 10,000, what is the journal entry to record the EFT collection on account? A. Dr. Cash 10,000 Cr. Accounts Receivable 10,000 B Dr. Cash 8,000 Cr. Accounts Payable 8,000 C. Dr. Accounts Payable 8,000 Cr. Cash 8,000 D. No EntryStep by Step Solution
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