Question: 2 GDE Company has the following inventory, purchases. and sales data for the month of March. Inventory: March 1 200 units @ Tk.4.00 Tk.800 Purchases: March 10 500 units @ Tk.4.50 2,250 March 20 400 units @ Tk.4.75 1.900 March 30 300 units @ Tk.5.00 1,500 Sales: March 15 500 units March 25 400 units The physical inventory count on March 31 shows 500 units on hand. Instructions: Under a periodic inventory system, determine the cost of inventory on hand at March 31 and the cost of goods sold for March under (a) FIFO, (b) LIFO, and (c) Average-cost. Question: 3 Prepare Bank reconciliation report and journalize the necessary adjustments as of March 313', 2021 for Company \"A"; its bank statement for March shows the following data: Balance March 1 $15,650 Balance March 31 $17,580 Debit memorandum: Credit memorandum: NSF check $275 Collection of note receivable $605 The cash balance per books at March 31\"t is $16319. Other relevant data are given below: 1. The NSF check was from a customer, 2. The note collected by the bank was a $600. 3 month, 12% note. The bank charged a $13 collection fee. No interest has been accrued. 3. Outstanding checks at March 31" total $2460. 4. Deposits in transit at March 31"t total $1802. 5. A check for $552, dated March 10. cleared the bank on March 25. was recorded by the company for a payment on account. for $525. 6. Bank has by mistake credited $300 in Company's account which belongs to another company. Page I 2