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Question 6 - Chapter 6 Probler x C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252F... * () : Apps / Web Slice Gallery Imported From IE Kronos WORKFOR... Renaissance Place Student

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Question 6 - Chapter 6 Probler x C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252F... * () : Apps / Web Slice Gallery Imported From IE Kronos WORKFOR... Renaissance Place Student Informati.. Reading List Chapter 6 Problems i Saved Help Save & Exit Submit Check my work 6 If net sales are $500,000, cost of goods available for sale is $381,000, and gross profit percentage is 34%. What is the amount of ending inventory? 2.5 points Ending inventory $ 119,000 eBook Print References Mc Graw Hill6 Question 8 - Chapter 6 Probi X + 6 C' 0 eztomheducationcom .. . l . , , , ,e ., r, . *1\") Apps ,/ Web Slice Gallery E imported From lE e Kronos WORKFOR... 6 Renaissance Place 6 Studentlnformati... Reading List Chapter 6 Problems 6 Saved Help Save& Exlt Submit Check my work 8 On October 5, your company buys and receives inventory costing $5,800, on terms 2/30, n/60. On October 20, your company pays the amount owed relating to the October 5 purchase. Prepare thejournal entries needed on October 5 and 20, assuming the company uses a perpetual system and records purchase 2.5 discounts using the net method' (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first points account eld.) Print References Journal entry worksheet Record the $5,800 purchase of goods from a manufacturer on terms 2/30, n/60 on October 5 using the net method. Note: Enter debits before credits. View general journal %

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