Save O 8 $ Home Insert Draw Page Layout Formulas Data Review View Help Search 24 B D E G H Craig's Snowboards uses the perpetual inventory system and the gross method of accounting for sales, arld had the following sales transactions during June: 25 points June 2, 2019 sold merchandise to General Sports Store on credit for $4,800, terms 1/15, n/60. The items sold had a cost of $2,700. June 4, 2019 General Sports Store returned merchandise that had a selling price of $200. The cost of the merchandise returned was $110. June 13, 2019 General Sports Store paid for the merchandise sold on June 2 less the return, taking any appropriate discount earned. Prepare the journal entries that Craig's Snowboards must make to record these transactions. Show any calculations below You're not finished! There are SEVEN problems, each on a General Journal: Date Account Titles and Explanation Debit Credit Problem 21 Problem 22 Problem 23 Problem 24 Problem 25 Problem 26 Problem 2 Type here to search e M D G H A company reported the current month purchase and sales data for its only product and uses the perpetual inventory system. Determine the cost assigned to ending inventory and cost of goods sold using LIFO. 30 points Units Acquired Units Sold at Cost at Retail 1- Apr Beginning 175 units at $15 each 4-Apr Purchase 150 units at $16 each 7- Apr Sale 160 units at $30 each 10-Apr Purchase 200 units at $17 each 16-Apr Sale 250 units at $30 each 25-Apr Purchase 160 units at $18 each 28-Ape Sale 150 units at $32 each Cost of Goods Sold? Ending Inventory? (in dollars!) You're not finished! There are SEVEN problems, each on a different tab. SHOW YOUR WORK BELOW: Hint: The supporting calculations are an important component of the points. You cannot earn all 30 points without showing at least some of your calculations. The more you show, the more you give me to work with! Problem 21 Problem 22 Problem 23 Problem 24 Problem 25 Problem 26 Problem 27 Type here to search O TE 12