Requiremnt 2 and requirement 5c

Hequirement and leguretat de Opintores the very md were 0,20 e inventory of the wings... del Forteered a piece in the income and for S400 Update tentory recorde Begin work on the orders and to the common. Once will be deepco, i tom of the invervor use when the end of the Purch Cost of Good Son leverder on Hand Unit Total U Total Unit Total Quantity Cost Cust Quy Cost Co Quantity Cost S30 Det 15 5 15 31 Question 1, CompF6-1 (s... HW Score: 4.72% 4.72 of 100 points Points: 4.72 of 100 Part 2 of 58 prehensive Problem esan Dartys, is a wholesale company that purchases tamps from the ution) 2024 follows: Merchandise Inventory as of September 30 consists of the following lang Click the icon to view the Merchandise Inventory) During the fourth quarter of 2024, DLC completed the following transactic Cok the icon to view the transactions) Read the requires Inventory records for the three inventory items and enter opening balances as of September 30, 2024. Complete the inventory records using the following er 31, 2024, a physical inventor Yamps, 5.400 Update the inven 5. Enter the transactions in ched Data Table of the transactions have been ventory purchased, sold, and on Cost of Goods Item Unit Total Cost Quantity Cost Desk Lamp Table Lamp Quantity Unit Cost Total Cost 2.300 $ 25.200 2.000 $ 20 40.000 2.400 72.000 s 187,200 Floor Lamp Total Print Done Get More Help Clear ve Problem Question 1, CompF6-1 (s... HW Score: 4.72%, 4.72 of 10 Dealed to More Info Oct. 1 Oct. 12 Oct. 15 Oct. 20 Oct 23 Oct 28 Purchased lamps on account from Appalachian Lights, terms n/30, FOB destination: 5,500 desk lamps at $12 each 4,500 table lamps at $20 each 2,000 floor lamps at $21 each Sold lamps on account to Moonbeam Home Furnishings, terms 2/10, 1/30 2,500 table lamps at $48 each Sold lamps on account to Newnan Office Supply, terms 1/10, 1/30 1.400 desk lamps at $17 each Received a check from Moonbeam Home Furnishings for full amount owed on Oct. 12 sale. Received a check from Newnan Office Supply for full amount owed on Oct. 15 sale. Sold lamps on account to Skyway Home Stores, terms 1/10, 1/30: 2,000 table lamps at $48 each 1.100 floor lamps at $63 each Pald amount due to Appalachian Lights from Oct 1 purchase. Paid salaries, $39,000 (75% selling. 25% administrative) Paid utilities, $2,300 (70% selling, 30% administrative) Sold lamps on account to Newnan Office Supply, terms 2/10, 1/30 2,900 desk lamps at $17 each Purchased lamps on account from Appalachian Lights, terms 1/30, FOB destination: 5,500 desk lamps at $14 each 7,000 table lamps at $21 each 4,000 floor lamps at $23 each Oct 30 Oct. 31 Oct 31 Nov. 1 Nov 5 Print Done elp Nov. 5 Nov. 8 Nov. 10 Nov. 15 Nov. 18 5,500 desk lamps at $14 each 7,000 table lamps at $21 each 4,000 floor lamps at $23 each Received a check from Skyway Home Stores for full amount owed on Oct. 28 sale. Received a check from Newnan Office Supply for full amount owed on Nov. 1 sale. Purchased and paid for supplies: $220 for the office: $775 for the warehouse Sold lamps on account to Morgan Office Supply, n/30 1,700 desk lamps at $17 each Sold lamps on account to Metro Discount Stores, terms 3/10, 1/30: 1,500 table lamps at $48 each 1,900 floor lamps at $63 each Received a check from Metro Discount Stores for full amount owed on Nov. 18 sale. Paid salaries, $39,000 (75% selling 25% administrative) Paid utilities, $2,140 (70% selling, 30% administrative). Paid amount due to Appalachian Lights from Nov. 5 purchase. Received a check from Morgan Office Supply for full amount owed on Nov. 15 sale. Darbys withdrew $55,000 from the business. Sold lamps on account to Moonbeam Home Furnishings, terms 1/10, 1/30: 5,800 desk lamps at $17 each 2,000 table lamps at $48 each Paid salaries, $39.000 (75% selling, 25% administrative). Paid utilities, $3,000 (70% selling, 30% administrative) Nov. 28 Nov. 30 Nov. 30 Dec. 5 Dec. 15 Dec. 15 Dec, 27 Dec. 31 Dec. 31 Print Done Requirement and requirement bc. upen inventory records or the inree inventory items and enter opening balances as or september 18, and Dec. 27. For the year ended December 31, 2024, a physical inventory account resulted in the following counts: desk lamps, 1992 Begin with the inventory record for desk lamps. Enter the transactions in chronological order, calculating new inventory on hand balances the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layu Desk lamps: Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost Sep. 30 Oct. 1 15 Nov. 1 5 15 Dec. 27 31 Totals Get More Help Mid - Comprehensive Problem Question 1. CompF6-1 (... Part 2 of 5 HW Score: 4.72% 4.72 of 100 points Points: 4.72 of 100 ed by Jean Days, a wholesale company that purchases tamps from the tores Information) ser 30, 2024 follows: hoo. Merchandise entory as of September 30 consists of the following lamps the conto the Merchandise in Dane te re quanto 2024. DLC completed the following transactions Cook the conto the transactions Read the upen inventory recoros for innventory norms and ensor opening anders or September 2012. comprennentory closung mengana cember 31, 2024 a physical inventory account resulted in the following cours des lamps, 1992. temps, 5486 and floor lamps. 5400. Update the inventoryre lamps Enter the transactions ansactions have been entere Ise Inventory purchased, soldal More Info Cost of Total U The company has three inventory tems deskampstamps and floor lamps Cost Quantity DLC uses a perpetual inventory system, FIFO DLC ons land with building, which is separated to two parts office space and one space. A expenses associated with the office are categories Active Expenses All expenses associated with the warehouse, which is for the shipping and receiving functions of the compare categorized as Selling Expens in addition to the land and building, DLC iso owns ce for and ment and warehouse factures. The compresonated erection account for all the depreciable assets Print Done Clear Al Get More Help Darbys Lamp Company Trial Balance September 30, 2024 Balance Account Debit Credit Cash $ 425,000 0 Accounts Receivable 137,200 Merchandise Inventory Office Supplies Warehouse Supplies 345 480 Land 14,000 750,000 148,000 350,000 $ 249,600 0 Building Office Furniture and Equipment Warehouse Fixtures Accumulated Depreciation Accounts Payable Darbys, Capital Darbys, Withdrawals Sales Revenue Cost of Goods Sold Salaries Expense-Selling 364,000 0 2,588,425 1,025,000 195,000 Print Done Office Supplies Warehouse Supplies 345 480 Land 14,000 750,000 148.000 350,000 Building Office Furniture and Equipment Warehouse Fixtures Accumulated Depreciation Accounts Payable Darbys, Capital Darbys, Withdrawals $ 249,600 364.000 0 Sales Revenue 2,588,425 Cost of Goods Sold 1,025,000 195,000 36,000 Salaries Expense-Selling Utilities Expense-Selling Supplies Expense-Selling Depreciation Expense-Selling Salaries Expense-Administrative Utilities Expense-Administrative Supplies Expense--Administrative Depreciation Expense-Administrative 93,000 28,000 0 0 $ Total 3,202,025 3,202,025 $ Print Done Read the requirements Requirement and Requirement Se Open inventory records for the inventory mandentor opening balances as of September 30, 2024. Complete the inventory records using the flowing transactions Oct 1. 12. 15.28. Nov. 1.5. 15, 16, and Dec. 27. For the year ended December 31, 2024. a physical inventory account resulted in the following counts Gesklamos. 1.902. talem 5:488 and floor lamps, 5.400 Update the inventory records. De won the vertory record for desktop Enter the transactions in chronological order, calculating new inventory on and acester each transaction. Once all of the transactions have bem ned into the perpetual record, calculate the quanty and total cost of merchandise inventory purchased, and on hand at the end of the period. Enter the destinventory ayer first Des famos Purchase Cost of Goods Gold Inventory on Hand Unit Total Unit Total Unit Total Date Quantity Cost Cos! Quantity Cost Cost Quantity Cout Cost Sep 30 Odt 15 Now