The following information is available for Wallace Company for 2017 Wallace uses the LIFO inventory method. Beginning inventory Ending inventory Beginning LIFO reserve Ending LIFO reserve Cost of goods sold Sales $600,000 700,000 200,000 300,000 5,980,000 8,000,000 Calculate the inventory turnover and days in inventory for Wallace Company based on LIFO. (Round answers to 1 decimal places, 13. 15.2) Inventory turnover times Days in inventory days e Textbook and Media Calculate the inventory turnover and days in inventory after adjusting for the LIFO reserve. (Round answers to 1 decimal places 28.15.21 Inventory turnover times Days in inventory days Rachel Sells is unable to reconcile the bank balance at January 31 Rachel's reconciliation is shown here Cash balance per bank Add: NSF check Less Bank service charge Adjusted balance per bank $3.712.20 610.00 44.50 $4,277.70 Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books $4,010.20 573,50 930.00 $4.366.70 (a) What is the proper adjusted cash balance per bank? (Round answers to 2 decimal places, es: 52.75) The proper adjusted cash balance per bank 5 tl What is the proper ajusted cash balance per books? Round aruwers to 2 decimal places, s. 5275) The proper adjusted cash balance per books (e prepare the adjusting journal entries pecesary to termine the dusted cash cance percola (Round answers to 2 decimal places, s. 5275. Credit account titles are automatically indented when amount u entered Do not indent manually! Date Account Titles and Explanation Debit Credit Jan 33 Tore NSF check