The cost of the beginning inventory for Toppers, Inc. is $150 000 on Jan 1. Toppers, Inc. purchased $800,000 of additional merchandise during the year and the cost of the ending inventory on Dec 31 was $200,000. If Toppers, Inc. uses the periodic inventory system, then calculate the cost of Goods Sold for the year $800,000 $850,000 $750,000 $950,000 If BG, Inc. sold gift certificates to customers in November for a total of $40,000 cash, then what journal entry should BG, Incuse in November to record the sale of the gift certificates Debit to revenue for $40,000, and credit to cash for $40,000 Debit to cash for $40,000, and credit to revenue for $40,000 Debit to unearned revenue for $40,000, and credit to cash for $40,000 Debit to cash for $40,000, and credit to uneared revenue for $40,000 Gordon Ford Inc. issues $800,000 (Face Value) in 30-year bonds, dated January 3, 2019 at 98. The bonds have a contractual interest rate of 4% and interest is paid annually on January 3. What is the total amount to be paid (principal plus interest) on the maturity date on January 3, 20497 $815 360 $832,000 $800,000 $784,000