Please help me to complete part(d)
x WileyPLUS https://edugen.wileyplus.com/edugen/Iti/main.uni Not syncing . . . yPLUS Weygandt, Accounting Principles, Seventh Canadian Edition, Volume 1 Help | System Announcements PRINTER VERSION 1 BACK NEXT RESOURCES Question 1 You are given the following information for Blossom Company for the month ended November 30, 2017: Unit Date Description Units Price Nov. 1 Beginning inventory 55 $48 Purchase 100 44 Its by Study. 15 Sale (115) 22 Purchase 145 42 29 Sale (150) Purchase 40 41 Blossom Company uses a perpetual inventory system. All sales and purchases are on account. (a) Your answer is correct. Calculate the cost of goods sold and the ending inventory using FIFO. (Round answers to 0 decimal places, e.g. 5,275.) Cost of goods sold 11660 Ending inventory 3110 SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Attempts: 1 of 3 used (b) Your answer is correct.Content x WileyPLUS - ( ) https://edugen.wileyplus.com/edugen/Iti/main.uni Not syncing WileyPLUS Weygandt, Accounting Principles, Seventh Canadian Edition, Volume 1 Help | System Announcements PRINTER VERSION 1 BACK NEX SSIGNMENT RESOURCES (b) Lab # 6 Question 1 Your answer is correct. Question 2 Question 3 Question 4 Assume the sales price was $66 per unit for the goods sold on November 15, and $60 per unit for the sale on November 29. Prepare journal entries to record the November 22 purchase and the November 29 sale. (Credit account titles are Question 5 automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275.) Review Score Date Account Titles and Explanation Debit Credit Review Results by Study. Objective Nov. 22 Merchandise Inventory 6090 Accounts Payable 5090 (To record goods purchased on account) V Nov. 29 Accounts Receivable 9000 Sales 9000 (To record credit sale) V Nov. 29 Cost of Goods Sold 6380 Merchandise Inventory 5380 (To record cost of goods sold) SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Attempts: 2 of 3 used (c) Your answer is correct. Calculate gross profit for November. ( Round answer to 0 decimal places, e.g. 5,275.) Gross profit 4930O https://edugen.wileyplus.com/edugen/Iti/main.uni Not syncing WileyPLUS Weygandt, Accounting Principles, Seventh Canadian Edition, Volume 1 Help | System Announcements O PRINTER VERSION 1 BACK N ASSIGNMENT RESOURCES Lab # 6 Question 1 Question 2 (c) Question 3 Question 4 Your answer is correct. Question 5 Review Score Calculate gross profit for November. (Round answer to 0 decimal places, e.g. 5,275.) Review Results by Study Objective Gross profit 4930 SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Attempts: 3 of 3 used (d) Assume that at the end of November, the company counted its inventory. There are 73 units on hand. What journal entry, if any, should the company make to record the shortage? (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275.) Account Titles and Explanation Debit Credit Revised gross profit $ SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Attempts: 0 of 3 used
