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Please just I need the correct option asapn door rag question ABC. Corporation had a beginning inventory of 400 units R010 per unit. They purchased
Please just I need the correct option asapn
door rag question ABC. Corporation had a beginning inventory of 400 units R010 per unit. They purchased 300 units on 4th January @RO. 15. Made a sale of 500 units of RO30 on Sth January, One more Purchases of 200 units @ RO 17 on 12th January, On 15th January there was one sales of 150 units 40 per unit. They purchase another 200 units @ RO 17 on 12th January, Answer the following questions based on the information given above Question 32 What will be total value of cost of goods sold under FIFO method Not yet an vered Marked out of 1.00 O a. 9050 Flag question Ob 12000 Oc7850 Od 4900 O All the options are wrong Question 33 Not yet answered What will be the cost of goods sold on 5th January under FIFO method? Marked out of 1.00 Flag question 0 & 2550 Ob All the options are wrong O 6500 Od 5500 0 2350 Questi 34 What will be the cost of goods sold on 15th January under UFO method! wered Marked out of 100 Fuguestion O2 6500 Ob 2350 Oc All the options are wrong Od 5500 O. 2550 Quartie 1 Not yet answered Maked out of Which of the following is an example of Liability of a Merchandise Business? O Salary and Wages paid by the business Ob Accounts payable Oc Accounts receivable Od Cash at Bank Muscat 0.50 Fay Question 2 Not yet answered Med out of The journal entry to record a Purchase of Merchandise Inventory from Supplier (1/30) under perpetual inventory method is: O. Debit Accounts receivable Credit Sales teverne Ob Debit Merchandise inwentary Credit Accounts receivable OG Debit Merchandise inwentory Credit Accounts payable od Debit Merchandise Inventory Credit Cash Big 3 Not yet Nizwa Business Solution (NAS) follows perpetual inventory method. NBS purchase Merchandise 100 units of 3-in-1 desktop Printers at a cost of RO 70 each on credit on 10th March 2019. Terms of purchase are 2/20,30. NBS discovers that 40 units of the printer are 4-in-1 printer and returns to the supplier for a full refund on 12th March 2019. Which of the following is the correct entry for Merchandise Return on 12th March answered Marked out of 050 20192 Y hay question O a Dr. Accounts payable RO 4.200 Cr Merchandise inventory RO 4,200 Ob Dr. Merchandise inventory RO 7.000 Cr, Accounts payable RO 7.000 Oc Dr. Accounts payable RO 7,000 Cr Merchandise Inventory RO 7.000 Od Dr. Accounts payable RO 2800 Cr Merchandise Inventory RO 2.800 Step by Step Solution
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