Omega company did not hold any tablet computers in Inventory at the beginning of December. On December 3, the Company purchased 120 tablets for S10 each, By the end of the month, the business had sold 40 of these units for 525 each What amount of merchandise inventory will the company present on its balance sheet at the end of December QUESTION 36 During the year, Gedan Company reported the following information: Administrative Expenses $35.000 Cost of Goods Sold $290,000 Other Expense-Interest Expense $20,000 Sales $430,000 Selling Expenses 340,000 What amount of selling and administrative expenses will Gedan show on its multiple-step income statement? QUESTION 37 Numeric Response Question - Based on the following information Accounts Receivable 533,000 Accounts Payable $12.000 Cash 530,000 Land $120,000 Notes Payable due in 5 years 345,000 Supplies Inventory 530,000 Wages Payable due in 3 days $2,000 What is the amount of Current Assets? QUESTION 38 Beta Company did not hold any tablet computers in inventory at the beginning of December, On December 3, the Company purchased 140 tablets for 510 each. By the end of the month, the business had sold 30 of these units for $30 each What amount of cost of goods sold should the company record on these transactions