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Principles of Anting (nancia 03 Spring 22 Homework Practice set chapter Question 1, PS3 Sare Chir Check aner stpages Calculator Ask my instructor D3 Spring

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Principles of Anting (nancia 03 Spring 22 Homework Practice set chapter Question 1, PS3 Sare Chir Check aner stpages Calculator Ask my instructor D3 Spring 22 Chapter 6 Question 1. PSF6.39 (similar to HW S275 More info ne Owc2 Dc.5 Cry on 2/102 P 300s of entry from with 5/20/30 Dec. T 200s of mesory to G the December 2p Dec. 9 S550ws of goods Mad Bus for O 12 Dec 15 Tw 28 So 300 Opc 29 2 P Done Ch Question 1. PSF6-39 (similar to) HW Score: 22.9. - X More info Dec. 2 Dec. 5 Dec. 7 Dec. 9 Dec. 11 Dec. 12 Dec. 15 Dec. 21 Dec. 28 Dec. 29 Dec. 30 Dec. 31 Purchased 800 units of inventory for $8,000 on account from Glow Town Company on terms, 1/10, n/20. Purchased 300 units of inventory from Glam on account with terms 5/10, n/30. The total invoice was for $3,900, which included a $300 freight charge. Returned 200 units of inventory to Glow Town from the December 2 purchase. Paid Glam. Sold 550 units of goods to Maid Busters for $8,800 on account with terms n/30. Paid Glow Town. Received 30 units with a sales price of $480 of goods back from customer Maid Busters. Received payment from Maid Busters, settling the amount due in full. Sold 100 units of goods to Beverly, Inc. on account for $2,000. Terms 2/15, n/30. Paid cash for utilities of $200. Paid cash for Sales Commission Expense of $514 Received payment from Beverly, Inc., less discount. etua er t CO Print Done P 229 of 10 points Points: 2.29 of 10 Save White Glove Cing's poet closing al balance at November 30, 2004 Click the can to view the post-closing trial balance) During December 2024 White Glove completed the flowing nsactions (Dick the icon to view the transactors) White Glove Dearing we decided that, in addition to providing cleaning services, it wil sell clearing products Why Glove the perpetual inventory system Requirement 1. Prepay perpetual inventory records for Decenter for the Glove Cleaning using the FIFO ventory costing method ( You mat calculate the cost of goods sold on the 1, 2, and 31sty a) Round per unit costs to two decimal places Enter the bansactions in chronological order calculating new martory on hand balances after each transaction Once all of the transactions have been entered to the perpetual recon, cicatate me quinty and soul cost of manchanda ventory purchased, sold, and on hand at the end of the period Complete the first half of the schede in the step, and the remaining hat in the next step wwwsandal cous for Puchees and for Cost of Goods Sold with a mna sign perteses Round all unit cost amounts to two decimal places, Xxx ter the oldest try layers find Expers can in fotal cost amounts to the nearest whole dur Purchases Units Quantity Cest Total Cost D 800 0.00 0.000 330 5300 5000 000100032000) Cost of Goods Sold Unite Total Quarrity Cost Cost Quantity Inventory on Hand Unit Cost Cost 100 10:00 1 6,000 Total Etext pages Calculator Ask my instructor 500 $1000 $1000 300 5 13:00 5 3.900 600 $1000 $5,000 300 $ 13.00/3.500 Clear all Check

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