The asnwer is wrong in the first question

Which financial statement shows the changes in each capital account for a specific period of time? Balance Sheet Statement of Owners' Equity Income Statement Statement of Cash Flows A company's beginning inventory is $10,000. During 2020, they purchased $90,000 of additional inventory. At the end of 2020, a physical count of inventory reveals that $11,000 of inventory is on hand. What is the amount of cost of goods sold? O $111.000 $89.000 $90,000 $79.000 Which one of the following is true of the bank reconciliation? O It is a financial statement shared with external parties. It is prepared in place of the cash ledger. It guarantees that no errors have been made. It should not be prepared by an employee who handles cash transactions