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Question 40 2 points INVENTORY METHODS Co. E has the following units of beginning inventory and purchases for the year: beginning inventory 300 unis $40

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Question 40 2 points INVENTORY METHODS Co. E has the following units of beginning inventory and purchases for the year: beginning inventory 300 unis $40 each and a 2/78 Purchase 300 units at 50 each. Uning the LIFO method, the ending inventory is 200 units what is the cost of the ending irwentory? O A 10,000 Question 41 1.8.000 C. 6.000 SPECIAL JOURNALS. In which jurnal is the purchase of merchandise rentary on corded O D. 4.000 O A Cash Recipes O E. None of the above O. Cash Payments Purchases OD. Sales O E None of the above Question 42 Question 42 of 30 INVENTORY METHODS Cathas the fingunts at tanginyen purchases for your beginning, Tory Coast SADcach Purchase 200 units at 150 math and all purchase al 200 units at 160 cach na 12/15 purchase of 10 unts a 18ch. Ung the teethoitteerders is what stof the under try! 2 points as of RO A. 14,000 O Hi 12.000 1,000 1.6.000 E. None of the above Question 43 2 points JOURNAL ENTRIES: Company currently balance in Allowance for Bad Debts of $2.000 Companys apie schedule indicates that the balance in the Allowance for Bad Debes should be 311.000 meter journal entry to increase the balance in the Allowance for Bad Debts to 311,000? O A Dr. Bad Dobes Expense 11,000; Cr. Allowance for Bad Debts 11,000 Question 4 8.Dr.Allowance for Bad Debts 11.000: Cr. Bad Debts Expense 11.000 SPECM. DUIS dd the past OC Dr. Allowance for Bad Debts 2,000 Cr. Bad Debts Expense 2000 Cache C. Purchase D. Dr. Bad Debts Expense 2.000.C. Allowance for Bad Debts 2.000 OL. Nara E None of the above OS

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