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Question 2. Multiple Choice Questios Question Questio Questio Question 2.1 a. Dec. 31 Fees Eamed 2 points Question Questior Question e Question 750 Rent Revenue175
Question 2. Multiple Choice Questios Question Questio Questio Question 2.1 a. Dec. 31 Fees Eamed 2 points Question Questior Question e Question 750 Rent Revenue175 Owner's Capital 925 Question Question 2. Multiple O Questio b. Dec. 31 Owner's Capital 925 Fees Eamed Rent Revenue 750 175 3. Multiple Question Question c. Dec. 31 Revenues 925 Owner's Capital 925 4. Multiple t Question d. Dec. 31 Owner's Capital 925 Revenues 925 5. Multiple Question Question5 Question In the picture above, the journal entry to close Fees Earned, $750, and Rent Revenue, $175, during the yearend closing process would be either a, b,c, or d Overvievw 2 questions a Last question O b. 7. Multiple Choice Question 7.1 Nov. 1 Inventory 2 points The inventory data for an item for November are: 20 units at $19 10 units 30 units at $20 20 units 10 units at $21 4 Sale 10 Purchase 17 Sale 30 Purchase Using a perpetual system, what is the cost of merchandise sold for November if the company uses LIFO? O $590 O $580 $610 O $600
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