$($UAGM uses a four$-$column bank reconciliation. The bank statement reports May payments of $$1,315,$ including service charges of $$20.$ At the beginning of May, there were $$90$ of checks outstanding. At the end of May, there were $$120$ of checks outstanding. Before recording the bank service charges, UAGM must have recorded May payments of$)$

a$.$ $$1,325.$

b$.$ $$1,265.$

c$.$ $$1,305,$

d$.$ $$1,365.$

$6.$Cu$$l de los siguientes, es una ventaja de usar el m$$todo de precio neto para contabilizar los descuentos de dinero en efectivo en las ventas a cr$$dito$?$

$($Which of the following is an advantage of using the net price method for recording cash discounts on credit sales?$)$

a$.$ Alivia la comunicaci$$n con los clientes sobre sus balances $($It eases communication with customers at balances$).$

b$.$ Refleja correctamente los ingresos de ventas en el per$$odo corriente. $($It properly reflects current per revenue$).$

c$.$ Simplifica la contabilidad para los "sales returns & allowances" $($It simplifies recording of sales returns & allowanc

d$.$ Requiere de menos entradas que el m$$todo bruto $($It requires less record keeping than the gross method$).$

$7.$ La Compa$$a Olympia vendi$$ mercanc$$a a cr$$dito a un precio de lista de $$$70,000.$ Los t$$rminos eran $\frac{2}{10},\frac{n}{?}30.$Cu$$l es la entrada correcta?

$($Olympia Company sold merchandise on credit with a list price of $$70,000.$ Terms were $\frac{2}{10},\frac{n}{30}.$ Given the indicated sales discounts methods in the responses, which entry is correct?$)$

a$.$ Gross Price Method Accounts Receivable sales

b$.$ Net Price Method Accounts Receivable sales

c$.$ Net Price Method Accounts Receivable Sales

d$.$ Gross Price Method Accounts Receivable Sales

$63,000$

$63,000$

$68,600$

$68,600$

$40,000$

$40,000$

$68,6000$

$68,600$

$8.$ Bajo un sistema de Inventario Peri$$dico los costos del inventario se establecen:

$($A$)Al$ momento de realizar la venta

$($B$)Al$ final el a$$o de contabilidad.

$($C$)$ Cuando se devuelve la mercanc$$a

$($D$)$ En todo momento

$($E$)$ Cuando nos pagan con descuento

$9.$ La cuenta de "Sales Returns and Allowances account" se reporta como:

a$.$ Una contra$-$cuenta en el Estado de Ingresos y Gastos $($contra$-$revenue account on the income statement$)$

b$.$ una obligaci$$n corriente en el Estado de Situaci$$n $($current liability on the balance sheet$)$

c$.$ una deducci$$n de las cuentas por cobrar en el Estado de Situaci$$n $($deduction from accounts receivable on the balance sheet$)$

d$.$ un gasto de venta en el Estado de Ingresos y Gastos $($selling expense on the income statement$)$