Question 1 Not yet answered Marked out of 1.00 P Flag question Identify the special journal in which the following transaction is entered. October 5. Sold OMR 2,000 of merchandise inventory, FOB Shipping point with a cost of goods sold of OMR 1,200 to Bader Company Sales Journal Cash Receipts Journal Cash Disbursement Journal Purchases Journal Question 2 Not yet answered Marked out of 1.00 P Flag question ABC Trading Company had the following transactions for the month of May. The company uses PERIODIC INVENTORY SYSTEM. Date Transaction Units Total (OMR) 60.00 10 1-May 3-May 15-May TOTAL Beginning Inventory Purchase Purchase Cost per Unit (OMR) 6.00 6.50 7.00 15 97.50 175.00 25 50 332.50 The company sold 35 units Required: Compute the cost of goods sold using FIFO periodic OMR 240.00 OMR 232.75 OMR 105.00 OMR 227.50