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Sasha Trading Company has the following purchases and sales entered for March 1 Beginning inventory Date Activities Jan Jan 10 Sales Jan. 20 Purchase Jan.

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Sasha Trading Company has the following purchases and sales entered for March 1 Beginning inventory Date Activities Jan Jan 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan 30 Purchase Units Acquired at Cost 140 units @ $6.00 - $ 840 Units Sold at Retail 60 units o $5.00 - 100 units $15 300 180 units @ $ 4.50 - 80 unts $15 Totals 810 380 units $ 1.950 180 units Questions: 1. Compute the cost of Goods Sold and Ending Inventory Balance using FIFO and Weighted Average Cost Method. 2. Enter the Journal entries for the Sales and Purchases of Sasha Trading Company. 3. Construct an Income statement assuming expenses are $1250 and Tax is 40%. Focus MacBook Air FA F5 $ % &

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