Question 25 of 46 > - 14 Current Attempt in Progress Pina Colada Corp. uses a periodic inventory system. Details for the inventory account for the month of January 2022 are as follows: Units Per unit price Total Balance, 1/1/2022 330 $7.00 $2310 Purchase, 1/15/2022 170 5.80 986 Purchase, 1/28/2022 170 6.00 1020 An end of the month (1/31/2022) inventory showed that 260 units were on hand. If the company uses LIFO, what is the value of the ending inventory? O $1542 O $1630 O $2496 O $1820 View Policies Current Attempt in Progress At April 30, Metlock, Inc. has the following bank information: Cash balance per bank $ 6200 Outstanding checks $ 380 Deposits in transit $ 750 Credit memo for interest $ 15 Bank service charge $ 30 What is Metlock's adjusted cash balance on April 30? O $ 6570. O $ 5830. O $ 6580. 0 $ 6550. View Policies Current Attempt in Progress An aging of a company's accounts receivable indicates that $ 10100 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $ 4950 debit balance, the adjustment to record bad debts for the period will require a O debit to Bad Debt Expense for $ 15050. O credit to Allowance for Doubtful Accounts for $ 10100. O debit to Allowance for Doubtful Accounts for $ 15050. O debit to Bad Debt Expense for $ 10100. Question 29 of 46 -14 I!! View Policies Current Attempt in Progress Swifty Corporation gathered the following reconciling information in preparing its April bank reconciliation: Cash balance per books, 4/30 $ 13400 Deposits in transit 1800 Notes receivable and interest collected by bank 4500 Bank charge for check printing 150 Outstanding checks 9100 NSF check 850 The adjusted cash balance per books on April 30 is O $ 16900. O $ 18700. O $ 18600. O $ 17900. Question 31 of 46 -74 INT View Policies Current Attempt in Progress A truck costing $81000 and on which $67000 of accumulated depreciation has been recorded was discarded as having no value. The entry to record this event would include a O credit to Accumulated Depreciation for $67000. O credit to Accumulated Depreciation for $81000. O loss of $14000. O gain of $14000