Jamison Company developed the following reconciling information in preparing its June bank reconciliation: Cash balance per bank, 6/30 $10,325 Note receivable collected by bank 5,430 Outstanding checks 5,789 Deposits-in-transit 3,482 Bank service charge 67 NSF check 1,042 Using the above information, determine the cash balance per books (before adjustments) for Jamison Company. $12,339 $8,018 $3,697 $14,646 Previous The Boxwood Company sells blankets for $37.00 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1. Date Product Z Units Cost May 01 Purchase $17.00 May 10 Sale May 17 Purchase $18.00 May 20 Sale May 23 Sale May 30 Purchase $20.00 Assuming that the company uses the perpetual inventory system, determine the cost of goods sold for the sale of May 20 using the FIFO Inventory cost method. Select the correct answer. $88.00 $141.00 $175.00 $87.00 MTIT Emma Co. sold to Isabella Co. merchandise on account FOB shipping point, 2/10, net 30, for $15,000. Emma Co. prepaid the $750 shipping charge. Using the perpetual inventory method, which of the following entries will Isabella Co. make to record the payment for the merchandise if Isabella Co. pays within the discount period? Accounts Payable-Emma Co., debit $15,750; Inventory, debit $300; Cash, credit $16,050 Accounts Payable-Emma Co., debit $15,000; Freight In, debit $750; Cash, credit $15,750 Accounts Payable-Emma Co., debit $15,000; Cash, credit $15,000 Accounts Payable-Emma Co., debit $15,450; Cash, credit $15,450