need answers to the attachment.

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1)A company purchased inventory for $2,000 from a vendor on account, FOB shipping point with terms of 2/10 net/30. The company paid the shipper $100 cash for freight in. the company the returned damaged goods worth $200. The invoice has been paid 8 days after the sale. Assuming that there was no beginning inventory balance, the cost of the inventory would be: (assume a perpetual inventory system)

$1,764.

$1,864.

$2,100.

$1,900.

2) A company purchased 100 units for $30 each on January 31. It purchased 150 units for $25 onFebruary 28. It sold 150 units for $50 each from March 1 through December 31. If the company uses the weight-average inventory costing method, calculate the amount of ending inventory on December 31.

(assume the company uses a perpetual inventory systwem).

$6,750

$2,700

$4,350

$2,900

3) On July 4, a hardware manufacturing firm purchased inventory on account for $1,300. The company plans to pay $700 in the next week and the remaining in the week after. Which of the following is the correct entry to record this transaction in a purchases journal? Assume a perpetual inventory system is used.

$650 will be recorded in the Accounts Payable CR and Merchandise Inventory CR column.

$2,000 will be recorded in the Accounts Payable DR and Merchandise Inventory DR column.

$1,300 will be recorded in the Merchandise Inventory CR and Accounts Payable DR column.

$1,300 will be recorded in the Accounts Payable CR and Merchandise Inventory DR column

4) A company has a petty cash fund amount of $300. When replenished, it has petty cash receipts of $30 for gas expense, $32 for postage expense, $16 for supplies expense, and $10 for miscellaneous expenses. Assume the cash balance is not over or short. In the journal entry, Cash would be credited with

$88.

$72.

$62.

$78.

5)The bookkeeper of Fire Steel Inc. recorded a $1,524.00 check as $15,240 in payment of the current month rent. Which of the following journal entries is needed to adjust for this error in the books of the company?

1.

Cash	13,716
Sales revenue		13,716

2.

Rent expense	15,240
Cash		15,240

3.

Cash	13,716
Rent expense		13,716

4.

Booking error	1,524
Cash		1,524

1)A company purchased inventory for $2,000 from a vendor on account, FOB shipping point with terms of 2/10 net/30. The company paid the shipper $100 cash for freight in. the company the returned damaged goods worth $200. The invoice has been paid 8 days after the sale. Assuming that there was no beginning inventory balance, the cost of the inventory would be: (assume a perpetual inventory system) $1,764. $1,864. $2,100. $1,900. 2) A company purchased 100 units for $30 each on January 31. It purchased 150 units for $25 onFebruary 28. It sold 150 units for $50 each from March 1 through December 31. If the company uses the weight-average inventory costing method, calculate the amount of ending inventory on December 31. (assume the company uses a perpetual inventory systwem). $6,750 $2,700 $4,350 $2,900 3) On July 4, a hardware manufacturing firm purchased inventory on account for $1,300. The company plans to pay $700 in the next week and the remaining in the week after. Which of the following is the correct entry to record this transaction in a purchases journal? Assume a perpetual inventory system is used. $650 will be recorded in the Accounts Payable CR and Merchandise Inventory CR column. $2,000 will be recorded in the Accounts Payable DR and Merchandise Inventory DR column. $1,300 will be recorded in the Merchandise Inventory CR and Accounts Payable DR column. $1,300 will be recorded in the Accounts Payable CR and Merchandise Inventory DR column 4) A company has a petty cash fund amount of $300. When replenished, it has petty cash receipts of $30 for gas expense, $32 for postage expense, $16 for supplies expense, and $10 for miscellaneous expenses. Assume the cash balance is not over or short. In the journal entry, Cash would be credited with $88 . $72 . $62 . $78 . 5)The bookkeeper of Fire Steel Inc. recorded a $1,524.00 check as $15,240 in payment of the current month rent. Which of the following journal entries is needed to adjust for this error in the books of the company? 1. Cash 13,716 Sales revenue 13,716 2. Rent expense 15,240 Cash 15,240 3. Cash 13,716 Rent expense 13,716 4. Booking error 1,524 Cash 1,524