When inventory unit costs are increasing: LIFO will result in higher ending inventory than will FIFO O FIFO will result in higher net income and lower ending inventory than LIFO FIFO will result in higher cost of goods sold than will LIFO FIFO will result in higher ending inventory than will LIFO Question 32 3 pts Accounts receivable are best described as: Amounts a company has previously paid to supplier s como Amounts a company has previously received from customer Liabilities that a company owes to suppliers Assets that represent the amount owed by custom suportado Question 33 3 pts Copper Corporation sold merchandise to Bronze Corporation on April 7, 2020 for a price of $35,000 and with terms of 2/10 n/30. What journal entry would Copper make when payment from Bronze is received on April 14, 2020? ACCOUNT Dobit Credit