hi i need help with this accounting data entry thanks

Exercise 5-5 Presented below are transactions related to Bogner Company. 1 . 2 . 3 . On December 3, Bogner Company sold $616,900 of merchandise to Maris Co., terms 2/10, n/30, FOB shipping point. The cost of the merchandise sold was $358,100. On December 8, Maris Co. was granted an allowance of $21,200 for merchandise purchased on December 3. On December 13, Bogner Company received the balance due from Maris Co. Prepare the journal entries to record these transactions on the books of Bogner Company using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No Date . 1. Account Titles and Explanation Dec. 3 (To record credit sale.) (To record cost of merchandise sold.) 2. Dec. 8 3. Dec. 13 SHOW LIST OF ACCOUNTS Debit Credit LINK TO TEXT Assume that Bogner Company received the balance due from Maris Co. on January 2 of the following year instead of December 13. Prepare the journal entry to record the receipt of payment on January 2. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 2 Click if you would like to Show Work for this question: Exercise 5-15 Presented below are selected accounts for Salazar Company as reported in the worksheet using a perpetual inventory system at the end of May 2014. Complete the worksheet by extending amounts reported in the adjusted trial balance to the appropriate columns in the worksheet. Accounts Adjusted Trial Balance Debit Credit Cash Balance Sheet Debit Credit 19,410 Inventory Income Statement Debit Credit 78,180 Sales Revenue 514,820 Sales Returns and Allowances 14,630 Sales Discounts 14,410 Cost of Goods Sold 316,370 Exercise 5-17 The trial balance of D. Savage Company at the end of its fiscal year, August 31, 2014, includes these accounts: Inventory $21,520; Purchases $153,190; Sales Revenue $192,720; Freight-In $4,850; Sales Returns and Allowances $4,650; Freight-Out $1,510; and Purchase Returns and Allowances $2,950. The ending merchandise inventory is $26,680. Prepare a cost of goods sold section for the year ending August 31 (periodic inventory). $ $ : : $ Problem 5-4A Adam Nichols, a former disc golf star, operates Adam's Discorama. At the beginning of the current season on April 1, the ledger of Adam's Discorama showed Cash $2,000.00, Inventory $2,400.00, and Owner's Capital $4,400.00. The following transactions were completed during April. Purchased golf discs, bags, and other Apr. inventory on account from Rayford Co. 5 $1,000.00, FOB shipping point, terms 2/10, n/60. Paid freight on the Rayford purchase 7 $50.00. Received credit from Rayford Co. for 9 merchandise returned $200.00. Sold merchandise on account for 10 $880.00, terms n/30. The merchandise sold had a cost of $528.00. Purchased disc golf shirts and other 12 accessories on account from Galaxy Sportswear $640.00, terms 1/10, n/30. 14 Paid Rayford Co. in full, less discount. Received credit from Galaxy Sportswear 17 for merchandise returned $60.00. Made sales on account for $610.00, 20 terms n/30. The cost of the merchandise sold was $380.00. Paid Galaxy Sportswear in full, less 21 discount. Granted an allowance to customers for 27 clothing that was flawed$30.00. Received payments on account from 30 customers $810.00. Journalize the April transactions using a perpetual inventory system. (Record entries in the order displayed in the problem statement. Round answers to 2 decimal places, e.g. 125.25. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation (To record credit sale.) (To record cost of merchandise sold.) Debit Credit (To record credit sale.) (To record cost of merchandise sold.) SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT Enter the beginning balances in the ledger accounts and post the April transactions. (Post entries in the order of journal entries presented in the previous question. Round answers to 2 decimal places, e.g. 125.25.) Cash Date No. 101 Explanatio n Re f Debit Credit Balance Balance J1 J1 J1 J1 Accounts Receivable Date Explanatio n No. 112 Re f Debit Credit Balance J1 J1 J1 J1 Inventory Date No. 120 Explanatio n Balance Re f J1 J1 J1 J1 J1 J1 Debit Credit Balance J1 J1 J1 Accounts Payable Date Explanatio n No. 201 Re f Debit Credit Balance J1 J1 J1 J1 J1 J1 Owner's Capital Date Explanatio n Balance No. 301 Re f Debit Credit Sales Revenue Date Balance No. 401 Explanatio n Re f Debit Credit Balance J1 J1 Sales Returns and Allowances Date Explanatio n No. 412 Re f J1 Debit Credit Balance Cost of Goods Sold Date No. 505 Explanatio n Re f Debit Credit Balance J1 J1 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT Prepare a trial balance on April 30, 2014. (Round answers to 2 decimal places, e.g. 125.25.) ADAM'S DISCORAMA Trial Balance April 30, 2014 Debit Credit $ $ $ $ Problem 6-3A Ziad Company had a beginning inventory on January 1 of 195 units of Product 4-18-15 at a cost of $20 per unit. During the year, the following purchases were made. Mar. 15 July 20 520 units 325 units at $22 Sept. 4 at $23 Dec. 2 455 units 130 units at at $2 5 $2 9 1,300 units were sold. Ziad Company uses a periodic inventory system. Determine the cost of goods available for sale. $ The cost of goods available for sale LINK TO TEXT Calculate average cost per unit. (Round answer to 2 decimal places, e.g. 2.25.) $ Average cost per unit LINK TO TEXT Determine (1) the ending inventory, and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average). (Round answers to 0 decimal places, e.g. 1,250.) FIFO The ending inventory The cost of goods sold LIFO $ $ $ $ AVERAGE-COST $ $ LINK TO TEXT Which cost flow method results in (1) the highest inventory amount for the balance sheet, and (2) the highest cost of goods sold for the income statement? results in the highest inventory amount, $ (2) . produces the highest cost of goods sold, $ (1) . Problem 6-5A You are provided with the following information for Najera Inc. for the month ended June 30, 2014. Najera uses the periodic method for inventory. Date Description June 1 June June June June June June June 4 10 11 18 18 25 28 Beginning inventory Purchase Sale Sale return Purchase Purchase return Sale Purchase Unit s Unit Cost or Selling Price 43 $41 139 106 15 56 11 67 30 46 68 68 49 49 73 52 Calculate cost per unit. (Round answer to 2 decimal places, e.g. 5.25.) $ Weighted-average cost per unit LINK TO TEXT Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round average-cost method answers to 2 decimal places, e.g. 1,250.25 and other answers to 0 decimal places, e.g. 1,250.) LIFO The ending inventory The cost of goods sold Gross profit FIFO AVERAGE-COST $ $ $ $ $ $ $ $ $ LINK TO TEXT Calculate gross profit rate under each of the following methods. (1) LIFO. (2) FIFO. (3) Averagecost. (Round answers to 1 decimal place, e.g. 51.2%.) LIFO Gross profit rate FIFO % AVERAGE-COST % % Problem 6-9A Terando Co. began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Date July 1 July 6 July 11 July 14 July 21 July 27 Purchases Units Unit Cost 220 $113 Sales Units 176 308 $129 352 $140 132 264 Calculate the average cost per unit at June 1, 6, 11, 14, 21 & 27. (Round answers to 3 decimal places, e.g. $105.250.) July 1 July 6 July 11 July 14 July 21 Average cost for each unit $ $ $ $ $ $ July 27 LINK TO TEXT Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) movingaverage cost, and (3) LIFO. (Round answers to 0 decimal places, e.g. $2,150.) FIFO $ The ending inventory under a perpetual inventory system MOVING-AVERAGE LIFO $ $ Brief Exercise 6-12 On June 30, Calico Fabrics has the following data pertaining to the retail inventory method. Goods available for sale: at cost $52,494; at retail $67,300; net sales $38,900; and ending inventory at retail $28,400. Compute the estimated cost of the ending inventory using the retail inventory method. $ The estimated cost of the ending inventory Problem 6-8A Mercer Inc. is a retailer operating in British Columbia. Mercer uses the perpetual inventory method. All sales returns from customers result in the goods being returned to inventory; the inventory is not damaged. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Mercer Inc. for the month of January 2014. Date Description January 1 January January January January January January January 5 8 10 15 16 20 25 Beginning inventory Purchase Sale Sale return Purchase Purchase return Sale Purchase Quantit y Unit Cost or Selling Price 180 $13 252 198 18 99 9 162 36 17 26 26 18 18 30 21 Calculate the Moving-average cost per unit at January 1, 5, 8, 15, 20, & 25. (Round answers to 3 decimal places, e.g. $5.251.) January 1 Moving-Average Cost per unit $ $ January 5 $ January 8 $ January 10 $ January 15 $ January 16 $ January 20 $ January 25 LINK TO TEXT For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO. (2) FIFO. (3) Moving-average cost. (Round answers to 0 decimal places, e.g. $2,150.) $ $ Movingaverage $ $ $ $ $ $ LIFO Cost of goods sold Ending inventory Gross profit FIFO $ Object 5 IMG_1477.JPG | Download Scanning an attachment... An error occurred while downloading. 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Cash No. 101 Date Apr. 1 Explanatio Re n f Debit Credit Balance 1000 1000 Apr. 5 J1 50 50 Apr. 7 J1 200 200 Apr. 10 J1 200 200 Apr. 12 J1 570 570 Balance Accounts Receivable Date No. 112 Explanatio Re n f Debit Credit Balance Apr. 9 J1 200 200 Apr. 30 J1 510 510 J1 J1 Inventory Date No. 120 Explanatio Re n f Balance Debit Credit Balance J1 J1 J1 J1 J1 J1 J1 J1 J1 Accounts Payable No. 201 Date Explanatio Re n f Debit Credit Balance J1 J1 J1 J1 J1 J1 Owner's Capital Date No. 301 Explanatio Re n f Balance Debit Credit Sales Revenue Date Balance No. 401 Explanatio Re n f Debit Credit Balance J1 J1 Sales Returns and Allowances Date No. 412 Explanatio Re n f Debit Credit Balance J1 Cost of Goods Sold Date No. 505 Explanatio Re n f Debit Credit Balance J1 J1 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT LINK TO TEXT Your answer is partially correct. Try again. Prepare a trial balance on April 30, 2014. (Round answers to 2 decimal places, e.g. 125.25.) ADAM'S DISCORAMA Trial Balance April 30, 2014 Debit Credit $ Inventory Accounts Rec $ 250 510 360 Sales Revenu Cash 1000 800 Sales Commi det 810 200 Accounts Paya $ $ 1140 Click if you would like to Show Work for this question: Problem 6-3A Ziad Company had a beginning inventory on January 1 of 195 units of Product 4-18-15 at a cost of $20 per unit. During the year, the following purchases were made. Mar. 15 July 20 520 units 325 units at $22 Sept. 4 at $23 Dec. 2 455 units 130 units at at 1,300 units were sold. Ziad Company uses a periodic inventory system. Your answer is incorrect. Try again. $2 5 $2 9 Ope n Sho w Wor k Determine the cost of goods available for sale. The cost of goods available for sale $ 30160 LINK TO TEXT Your answer is incorrect. Try again. Calculate average cost per unit. (Round answer to 2 decimal places, e.g. 2.25.) Average cost per unit $ 23.2 LINK TO TEXT Your answer is incorrect. Try again. Determine (1) the ending inventory, and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average). (Round answers to 0 decimal places, e.g. 1,250.) FIFO The ending inventory The cost of goods sold $ LIFO $ 3900 $ 3770 $ 30160 AVERAGE-COST $ 232 $ 34060 232 LINK TO TEXT Your answer is partially correct. Try again. Which cost flow method results in (1) the highest inventory amount for the balance sheet, and (2) the highest cost of goods sold for the income statement? FIFO (1) results in the highest inventory amount, $ . 26260 LIFO (2) produces the highest cost of goods sold, $ . 34050 Problem 6-9A Terando Co. began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Date July 1 July 6 July 11 July 14 July 21 July 27 Purchases Units Unit Cost 220 $113 Sales Units 176 308 $129 352 $140 132 264 Your answer is partially correct. Try again. Calculate the average cost per unit at June 1, 6, 11, 14, 21 & 27. (Round answers to 3 decimal places, e.g. $105.250.) July 1 July 6 July 11 Average cost for each unit $ 113 $ 176 $ 129 $ July 14 132 $ July 21 140 $ July 27 264 LINK TO TEXT Your answer is incorrect. Try again. Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving-average cost, and (3) LIFO. (Round answers to 0 decimal places, e.g. $2,150.) MOVINGAVERAGE FIFO The ending inventor y under a perpetu al inventor y system Click if you would like to Show Work for this question: Problem 6-8A Mercer Inc. is a retailer operating in British Columbia. Mercer uses the perpetual inventory method. All sales returns from customers result in the goods being returned to inventory; the inventory is not damaged. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Mercer Inc. for the month of January 2014. Date January Description 1 Beginning Quantit y 180 Unit Cost or Selling Price $13 $ $ Open Show Work LIFO $ January January January January January January January 5 8 10 15 16 20 25 inventory Purchase Sale Sale return Purchase Purchase return Sale Purchase 252 198 18 99 9 162 36 17 26 26 18 18 30 21 Your answer is partially correct. Try again. Calculate the Moving-average cost per unit at January 1, 5, 8, 15, 20, & 25. (Round answers to 3 decimal places, e.g. $5.251.) January 1 January 5 January 8 January 10 January 15 January 16 January 20 January 25 Moving-Average Cost per unit $ 13 $ 17 $ 26 $ 26 $ 18 $ 18 $ 30 $ 21 LINK TO TEXT Your answer is incorrect. Try again. For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO. (2) FIFO. (3) Moving-average cost. (Round answers to 0 decimal places, e.g. $2,150.) LIFO Cost of goods sold Ending inventory Gross profit $ FIFO $ 10020 $ 2234 $ 12006 $ 6127 $ 2340 $ 1986 Movingaverage $ 7173 $ 106 Click if you would like to Show Work for this question: 2134 Open Show Work