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solve please On April 1, a company provides services to one of its customers for $18,000. As payment for the services, the company accepts a
solve please
On April 1, a company provides services to one of its customers for $18,000. As payment for the services, the company accepts a six- month, 9% note from the customer Record the acceptance of the note receivable on April 1 and the cash collection on October 1. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) View transaction list Journal entry worksheet 2 1 Record the acceptance of the note receivable. Note: Enter debits before credits Dato General Journal Dabit Credit Apr 01 Record entry Clear entry View general Journal During 2021, a company sells 368 units of inventory for $95 each. The company has the following inventory purchase transactions for 2021 Date Transaction Jan. 1 Beginning inventory May 5 Purchase Nov. 3 Purchase Number of Units 60 161 182 403 Unit Cost Total Cost $63 $ 3,780 65 10,465 68 12,376 $26,621 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold Step by Step Solution
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