View Policies Current Attempt in Progress Ayayai Corp. has the following inventory data: July 1 7 Beginning inventory Purchases 66 units at $19 231 units at $20 33 units at $22 $1254 4620 726 22 Purchases $6600 A physical count of merchandise inventory on July 30 reveals that there are 110 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for July is $2266. O $2420. O $2134. O $2200. Save for Later Current Attempt in Progress The following totals for the month of April were taken from the payroll records of Novak Corp. Viewing Questio Multiple Salaries FICA taxes withheld Income taxes withheld Medical insurance deductions Federal unemployment taxes State unemployment taxes $146400 11200 30500 5500 390 2640 Question Multiple The entry to record the payment of net payroll would include a Questio Multiple credit to Cash for $110400 O debit to Salaries and Wages Payable for $99200 Questid Multiple debit to Salaries and Wages Payable for $88000. debit to Salaries and Wages Payable for $96560. Questi Multiple Save for Late Questi Wildhorse Co. Trial Balance December 31, 2022 $240 418 66 144 3200 Cash Accounts Receivable Prepaid Insurance Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Rent Expense $480 307 960 1120 2401 800 400 $5268 $5268 If, on December 31, 2022, the insurance still unexpired amounted to $16, the adjusting entry would contain a: O debit to Insurance Expense for $50. debit to Prepaid Insurance for $50. O debit to Prepaid Insurance for $16. O credit to Prepaid Insurance for $16