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Question 6 3 pts Compute the amount of Cash and Cash equivalents on X Company's balance sheet if, on the balance sheet date, it has

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Question 6 3 pts Compute the amount of Cash and Cash equivalents on X Company's balance sheet if, on the balance sheet date, it has currency and coins on hand of $200, deposits in 10/22/21, 1:27 PM Quiz Chapter 8 Quiz check accounts of $1500, U.S. Treasury bills due in 80 days of $9,000, and U. S. Treasury bonds due in 200 days of $48,000. Upload Choose a File Question 7 5 pts A small company maintains a Petty Cash fund for minor expenditures. In February and March of 2016, the following transactions took place a. the fund was established in the amount of $200 on February 1 from check #2717 b. On February 28, the Petty Cash fund had cash of $30.92 and the following receipts on hand: Postage, $80; supplies, $49.88; delivery service, $24.80; and a rubber stamp, $14.40. Check #2748 was drawn to replenish the fund. Prepare the necessary journal entries for each transaction. (Formatted general journal pages are attached) Formatted General Journal pages.xIsx _ (https://jbc.instructure.com/courses/1596/files/307521/download?download_frd=1) 10/22/21, 1:28 PM Quiz: Chapter 10 Quiz Which of the following would cause periodic ending inventory to be overstated? A. Goods held on consignment are omitted from the physical count. B. Goods purchased and delivered, but not yet paid for, are included in the physical count. O C. Purchased goods shipped FOB destination and not yet delivered are included in the physical count. O D. None of the above Question 10 6 pts During March, Butcher Company sold 900 units of Product Y. The beginning inventory and purchases during the month were as follows: Beginning March 200 units @ $2 $400 Inventory 200 units @ $3 $600 March 15 Purchases 200 units @ $4 $800 March 10 Purchases 15 Purchases 200 units @ $5 $1,000 March Purchases 200 units @ $6 $1,200 March 20 200 units @ $7 $1,400 March 25 Purchases Goods available for 1200 $5,400 sale Ending Inventory = 300 units Compute the cost of ending inventory and the cost of goods sold under each of the following three methods: a) average-cost, b) FIFO, and c) LIFO. Show your work

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