Question 26 2 points INVENTORY METHODS.CO. Y has the following beginning inventory purchases and crding intery: Papirimenty 200 unts at 130 each. Purchase 6/1 200 units at 540 each, Purchase 91 300 units so each, and ending Inventory 400 units. What is the average cost per unt of the intal units swiable for sale dunng the year? 1.540 8.32$ C330 D. 527 E. None of the above Question 27 FINANCIAL STATEMENTS: Which financial statement shows how much money the owner has in the business at both the beginning of the period and at the end of the period? O A Income Statement 8. Statement of Owner's Equity O C Balance Sheer D. Statement of Cash Flow O E. None of the above Question 28 2 points JOURNAL ENTRIES Company currently has a balance in Alware forlad Debes 5.000 company Xsang scheith the hole in the lowance for Bad Dhould be 1,000. What is the ad un joumal entry to increase the balance in the lowance for ad Debes to 19.0000 Dr. Had Betts Pepee 3.000. C. Nilowance for Bad Date: 2003 Question 29 B. Dr. Allowance for Bad Der Bad Debes Ex9,000 JOURNAL ENTRIES: The balance in withdrawals is 15000 and the natal the owner of company is Hur. What is the closing entry? OC. Dr Alsance for Bad Debts 4.000 Bad Debis xpense 4000 A Dr. Mut Capital 15,000. Cr. Rus Withdrawals 15,000 3. D. Hal Betis po 4,000 Cr Milowance for Badebes 4.000 t. None of the o W. Dr. Rulz Withdrawals 15.000; Of Income Summary 15.000 OC Dr. Income Summary 15,000.Cr. Rutz Capital 15.000 O Dr. Rul Capital 15,000; Cr, income Summary 15,000 o None of the above