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Whats the answers Mi 4) old 15 desks, with a perpetual inveny system Which of the Awith a cent of snot for Si i250cn account.

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Mi 4) old 15 desks, with a perpetual inveny system Which of the Awith a cent of snot for Si i250cn account. Smithville uses the the rrect following is the correct way to recond this transaction? A) [Accounts Merchandse B) Accounts Debit C) vento D) Accounts Debit Credit Sales Revenue 11,250 Accounts Receivable 35) Which of the following states that the business should use the same accounting methods from period to period? A) conservatism C) disclosure principle B) materiality concept D) consistency principle de taesol lowhoal t ntidpated gsdt A) disclosure B) conservatism D) materiality concept 37) The tracking of inventory shrinkage due to theft, damage, or errors is done with the help of a (n) of inventory A) sale B) authorization C) physical count D) delivery 38) Which of the following inventory costing methods uses the cost of the oldest purchases to comput the cost of goods sold? A) specific identificatiorn C) weighted-average B) last-in, first-out D) first-in, first-out 39) A company purchased 200 units for $30 each on January 31. It purchased 220 units for $33 eac February 28. It sold a total of 350 units for $45 each from March 1 through December 31. Wha cost of ending inventory on December 31 if the company uses the first-in, first-out (FIFO inventory costing method? (Assume that the company uses a perpetual inventory system) A) $1800 B) $2100 C) $300 D) $2310

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