Qla. Best electronics sells TV on December 31, 2020, company's inventory amounted to 900,000. During the first week of January 2021, the company made only one purchase and one sale. Prepare journal entries to record these transactions, assuming they uses a perpetual inventory system following are transactions Jan. 25 Purchased 60 machines from Double, Inc. The total cost of these machines was $80,000, terms 5/20, n/90. Jan. 30 Sold 30 different types of products on account to Air Corporation. The total sales price was $35,000, terms 3/15, 1/80. The total cost of these 30 units to SUI was $15,000 (net of the purchase discount). Qlb. Zack purchase 1500 share at $80 per share, with a brokerage commission of $60. He sold 500 share for $81 per share less a $50 brokerage commission on 1 dec 2020. And 700 share for $77 per share less a $55 brokerage commission. Record the entry to record the purchase of these shares and also find his gain or loss for each sale and record the sale entry in journal. Q1 c. Find the deprecation by unit output method. Cost of asset = $ 85906 Residual value = $15,000 Assume that machine will depose after producing 500,000 units