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Canvas XC Question 20 Holt sols merchandise on account for $1,500 to Jones Company with credit terms of 2/10, 1/30 Jones Company totums $300 of merchandise that was damaged, long with a check to settle the account within the discount period. What is the amount of the check 3.33 pts $1,470 $1476 $1,200 $1,16 Question 21 3:33 pts For foods shipped FOB shipping point the entry made by the purchase to record the payment of shipping charges on goods receiver would include assure the perpetual method is used: Debit to delivery expense Debit to merchandise inventory Debit to cash Credit to merchandisinentory None of the above the sellers responsible for charges in this Question 22 2.33pts Al the beginning of the current you Bennett Supply has inventory of $3,500 year, the company purchases mational S12.000 o inventory Anthony count at the end of the year walls reaning intory of S4000 What amount wil being report for cost of goods sod? $11,000 $11.500 $12.000 $19.500 Question 23 J.Jupes Benningtory and purchases for the month of May are as follows: Tables Casper Unit Total Cost Units 15 Canvas XCOQ Question 20 3.3 Holt sells merchandise on account for $1.500 to Jones Company with credit terms of 2/10 1/30 Jones Company returns $300 of merchandise that was damaged along with a check to settle the account within the discount period. What is the amount of the check? $1470 $1,476 $1,200 $1,176 Question 21 3.33 pts For goods shaped FOB shipping point, the entry made by the purchaser to record the payment of shipping charges on goods assume the perpetual method is used: Debit to delivery expense Debit to merchandise inventory Debit to cash Credit to merchandise inventory None of the above the seller is responsible for shiping changes in this case Question 22 3.33 pts At the beginning of the current year, Bennett Supply has inventory of $3,500 During the year, the company purchases an additional S12.000 of inventory An inventory count at the end of the your reveals remaining inventory of $4000 What amoue wil Bennett report or cost of goods sold? $11.000 $11.500 $12.000 $12.500 333 pts Question 23 Reginning inventory wd purchases for the month of May are as follows Table 3 Cost per Unit Tatal Cost