Question 23 5 pts A company purchased inventory for $1,200 per unit. The company later sold one unit of the inventory for cash of $2,000. Under the perpetual inventory system, which accounts will be debited to record the sale? Cash, $2,000; Inventory, $1,200 Cash, $2,000; Cost of Goods Sold, $1,200 O Cash, $2,000; Cost of Goods Sold, $600 O Cash, $2,000; Inventory, $600 Question 24 5 pts Given the following data, what is cost of goods sold as determined by the LIFO method? Sales Beginning inventory 310 units at $14 per unit 280 units at $8 per unit 108 units at $9 per unit Purchases O $2,510 O $2,588 $2,566 O $2,635 Question 25 5 pts Given the following data, what is ending inventory as determined by the LIFO method? Sales Beginning inventory 310 units at $14 per unit 280 units at $7 per unit 108 units at $8 per unit Purchases O $2,278 O $546 O $2,200 O $624 Question 26 5 pts Which of the following is not an example of a plant asset? Building Office Supplies Computer Equipment O Land