Financial information follows for four different companies:

Required

1. Determine the missing amounts for parts (a) to (i). Show all calculations.

QUESTION 2.2 (2 marks each line x 6 = 12 marks) Provide the adjustments that would be made on July 31, 2018, the end of the fiscal year, for each of the following scenarios: The supplies inventory on August 1, 2017 was $8,350. Supplies costing $16,650 were purchased during the fiscal year and debited to Supplies Inventory. A count on July 31, 2018 indicated supplies on hand of $6,810. On April 30, a ten-month, 4% note for $40,000 was received from a customer. On March 1, $8,400 was collected as rent for one year and a nominal (temporary) account was 1. 2. 3. credited. QUESTION 2.3 (2 marks each line x 9 = 18 marks) Financial information follows for four different companies: Ace Consulting Inc. Capital Consumer Inc. $144,000 Death Star Ltd. Brrrr Freezers Corp. Sales Revenue $98,000 (a) $120,000 (c) $ 5,000 Sales Returns and 12,000 9,000 Allowances Net Sales Revenue (g) 24,000 90,000 (h) 74,000 101,000 132,000 Beginning Inventory 21,000 Purchases (d) 105,000 10,000 44,000 (e) 63,000 Returns and 6,000 8,000 Allowances Ending Inventory (b) 48,000 72,000 29,000 30,000 (f) 18,000 28,000 72,000 Cost of Goods Sold 64,000 Gross Profit (i) 10,000