Question 34 (1 point) Beginning inventory plus the cost of goods purchased equals A) cost of goods sold. B) cost of goods available for sale. C) net purchases. D) total goods purchased. Question 35 (1 point) When a company performs the service (for which payment was received in advance), an adjusting entry is recorded that will increase cash and decrease deferred revenue increase cash and increase revenue decrease revenue and increase deferred revenue increase revenue and decrease deferred revenue Question 36 (1 point) For a corporation reporting under IFRS, when common shares are issued for a non- cash consideration (in exchange for a non-cash asset), and a ready market for the common shares exists, the common shares are usually recorded at A) zero. B) the average of the fair value of the shares issued and the fair value of the non-cash assets acquired. C) the fair value of the shares issued. D) the fair value of the non-cash assets acquired