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Northstar Corp company has the following purchases and salen during the year ended December 31, 2014 entory and Purchases Sales Specific Units Sold inning 200
Northstar Corp company has the following purchases and salen during the year ended December 31, 2014 entory and Purchases Sales Specific Units Sold inning 200 units @ $92/und April 23 200 units April 23 B0 units from beginning inventory ch 2 200 unds 584/unit November 16.200 units 120 units from the March 2 purchase ptember 30, 200 units @ 9/unt November 16, 40 units from beginning inventory 30 units from the March 2 purchase 130 units from the September 30 purchase units have a selling price of $135.00 per unit Given thal Northstan Corp employs a perpetua inventory system, calculate the cost of goods available for sale and the number of units available for sale, as well as the units remaining in ending inventory . a ost of goods available for sale 53.000 Inits available for sale 600 Units remaining ending inventory 200 Please fill in the table by calculating the dollar value of cost of goods sold and ending inventory, as well as the gross profil oamed by Northstar Corp using the specific dentification system , Specific Identification Cost of Goods Sold Ending Inventory Gross Profil c) Prepare joumal entries to record the following (assuming all sales and purchases are for cashy (a) The purchase on September 30, (b) The sale on Ilovember 16 Enter the transaction letter as the description when preparing a journal entry. When a transaction requires two separate jumal erines, use the same letter for both descriptions Dates must be entered in the format ddimmm(le 15/Jan Page DATE De Ger Journal Accomparsabon Cred
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