I want a new solution. There is a solution on the site, but all colleagues transferred it. I also want the solution in writing by computer and not by hand

Q2. A company that uses a perpetual inventory system made the following cash purchases and sales. There was no beginning inventory.

January 1:	Purchased 550 units at $55 per unit
February 5:	Purchased 350 units at $65 per unit
March 16:	Sold 250 Units for $85 per unit

Prepare general journal entries to record the March 16 sale using the FIFO inventory valuation method and the LIFO inventory valuation method. ( 4Marks)

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Q4. The bank statement of DPLC Company for July 31^st showed a cash balance of $3,375. The company's Cash account in its general ledger showed a $2,489 debit balance. The following information was also available as of July 31^st.

a. A customer's check for $250 marked NSF was returned to DPLC Company by the bank. In addition, the bank charged the company's account a $63 processing fee.

2. The July 31^st cash receipts, $3,125 were placed in the bank's night depository after banking hours on that date and this amount did not appear on the July 31^st bank statement.

3. A $38 debit memorandum for checks printed by the bank was included with the canceled checks.

4. Outstanding checks amounted to $2,863

5. A customer's note for $2,250 was collected by the bank. A collection fee of $63 was deducted by the bank and the difference was deposited in the account.

6. Included with the canceled checks was a check for $688, drawn on another company, DY Incorporation. Prepare a bank reconciliation as of July 31^st. (6 Marks)