On January 1, Ted's Hardware had an inventory of 10 hard disk's at a cost of $500 each. On January 7, the following transaction occurred. Assuming the company uses a perpetual inventory system, which of the following is a part of the journal entry for this transaction. -Purchased 5 hard disk at a cost of $525 each from Teknosa, terms 1/10, 1/30. O Cr. A/P 2625 O Dr. A/R 2625 Cr. Inventory 2625 Dr Cash 2599 Vhzw71HkoAOUNDMAPUOKIVVDRXTU1... 2 On January 1, 2021, Daisy Co sells merchandise on account for $5,000 to Wendy's with credit terms of 1/15, n/40. Wendy's returns $500 of merchandise that was damaged on January 3. On January 12, Wendy's sends a check to settle the account. What is the amount of the check? $5445 $4500 $4950 $4455 Hardship Co. sells merchandise on account for $9,000 to Easygo Co with credit terms of 4/10, n/30. Easygo Co. sends a check to settle the account within the discount period. Which of the following is not belong to the entry Hardship Co. makes to upon receipt of the check? Cr. A/R 9000 Cr. Inventory 360 Dr. Cash 8640 Dr. Sales Discounts 360 Which of the followings is not a contra account. Sales Discounts Sales Returns and Allowances COGS Accumulated Depreciation on Equipment S Income statement components of Grip Co. for 2019 and 2020 are presented in the table below. There are some missing amounts. What is (b)? Year COGS Operating Expense Sales Revenue 45000 (c) Gross Profit 15000 19000 (b) Net Income 5000 (d) 2019 2020 45000 12000 7000 10000 64000 30000