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customer returned merchandise dise purchased with cash with a sales price of $4,500. The cost of goods was 51,800. Which of the following represents the

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customer returned merchandise dise purchased with cash with a sales price of $4,500. The cost of goods was 51,800. Which of the following represents the correct way to record this transaction? A) Sales Returns and Allowances 4500 1,800 1,800 B) Revenue 4,500 1,800 of Sold L800 C) 4.500 mated D) 28) A company purchased 400 units for $50 each on January 31. It purchased 200 units for $35 each o February 28 method, calculate the cost of ending inventory on December 31. (Assume Iu sold a total of 250 units for $50 each from March 1 through December 31. If the company uses the weighted-average inventory costing that the company uses a perpetual inventory sysberm) D) $14,875 C)$15,750 D) $11,250 A) $27,000

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