xcuse me, I do not want to get explanations for the answers, be specific to only right the answers with no explanations please. And I want to see them where they are supposed to be, please put them in the charts as the same show. Can you answer the questions?

hapter 6: Inventory and Cost of Goods Sold 7 Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. Units 20 Unit Cost $160 Total Cost $3,200 Sart 7 of 7 Transactions Beginning inventory Sale ($220 each) Purchase Sale ($270 each) Purchase Sale ($295 each) Purchase 180 Date March March 5 March 9 March 17 March 22 March 27 March 30 1,800 1,900 190 210 Dints 1.6B0 $8.589 7. If Greg's Bicycle Shop chooses to report inventory using LIFO instead of FIFO, record the LIFO adjustment. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the LIFO adjustment. Note: Enter debits before credits Date General Journal Debit Credit March 31 Saved apter 6: Inventory and Cost of Goods Sold Baskin-Robbins is one of the world's largest specialty ice cream shops. The company offers dozens of different flavors, from Very Berry Strawberry to lowfat Espresso 'n Cream. Assume that a local Baskin-Robbins in Raleigh, North Carolina, has the following amounts for the month of July 2021. art 1 of 3 Salaries expense Inventory (July 1, 2021) Sales returns Utilities expense Income tax expense $13,000 1,950 1,200 3.250 5,300 Sales revenue Interest income Cost of goods sold Rent expense Interest expense Inventory (July 31, 2021) $66,300 2.600 28,350 6,000 500 1,200 eBook Required: 1. Prepare a multiple-step income statement for the month ended July 31, 2021. BASKIN-ROBBINS Multiple-step Income Statement For the month of July 2021 References Net sales: Total sales revenue Net sales revenue Operating expenses: Chapter 6: Inventory and Cost of Goods Sold 6 Required: 1. Prepare a multiple-step income statement for the month ended July 31, 2021 Part 1 of 3 BASKIN-ROBBINS Multiple-step Income Statement For the month of July 2021 Net sales: 0.9 points Total sales revenue Net sales revenue eBook Operating expenses: References Total Operating income Non-operating items: apter 6: Inventory and Cost of Goods Sold 6 Required information The following information applies to the questions displayed below.) art 2013 Baskin Robbins is one of the world's largest specialty ice cream shops. The company offers dozens of different flavors, from Very Berry Strawberry to lowfat Espresso 'n Cream. Assume that a local Baskin-Robbins in Raleigh, North Carolina, has the following amounts for the month of July 2021. pints Salaries expense Inventory (July 1, 2021) Sales returns Utilities expense Income tax expense $13,000 Sales revenue 1,950 Interest income 1.200 cost of goods sold 3,250 Rent expense 5,300 Interest expense Inventory (July 31, 2021) $66,300 2,600 28.350 6,000 500 1,200 2-a. Calculate the inventory turnover ratio for the month of July. References Inventory Turnover Ratio Chapter 6: Inventory and cost of Goods Sold 10 Required information The following information applies to the questions displayed below.) Part 3 of 3 Baskin Robbins is one of the world's largest specialty ice cream shops. The company offers dozens of different flavors, from Very Berry Strawberry to lowfat Espresso 'n Cream. Assume that a local Baskin-Robbins in Raleigh, North Carolina, has the following amounts for the month of July 2021. points Salaries expense Inventory (July 1, 2021) Sales returns Utilities expense Income tax expense $13,000 Sales revenue 1,950 Interest income 1,200 Cost of goods sold 3.250 Rent expense 5,300 Interest expense Inventory (July 31, 2021) $66,300 2,600 28.350 6.000 500 1,200 3. Calculate the gross profit ratio for the month of July. Deferences Gross Profit Ratio At the beginning of July, CD City has a balance in inventory of $2,900. The following transactions occur during the month of July 0.9 Points July 3 Purchase CDs on account from Wholesale Music for $1,800, terms 2/10, n/30. July 4 Pay cash for freight charges related to the July 3 purchase from Wholesale Musie, $100. July 9 Return incorrectly ordered CDs to Wholesale Hosie and receive credit, $300. July 11 Pay Wholesale Musie in full. July 12 Sell CDs to customers on account, $4,800, that had a cost of $2,500. July 15 Receive full payment from customers related to the sale on July 12. July 18 Purchase CDs on account from Musie Supply for $2,600, terms 1/10, n/30. July 22 Sel1 CDs to customers for cash, $3,700, that had a cost of $2,000. July 28 Return CDs to Music Supply and receive credit of $200. July 30 Pay Music Supply in full. Required: 1. Assuming that CD City uses a perpetual inventory system, record the transactions. (If no entry is required for a transaction/event. select "No Journal Entry Required" in the first account field.) References View transaction list Journal entry worksheet 1 2 3 4 5 6 7 Record purchase of CDs on account from Wholesale Music for $1,800, terms 2/10, n/30 Note: Enter debts before credits General Journal Debit Credit Date July 03 hapter 6: Inventory and Cost of Goods Sold 7 Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system. Units 20 Unit Cost $160 Total Cost $3,200 Sart 7 of 7 Transactions Beginning inventory Sale ($220 each) Purchase Sale ($270 each) Purchase Sale ($295 each) Purchase 180 Date March March 5 March 9 March 17 March 22 March 27 March 30 1,800 1,900 190 210 Dints 1.6B0 $8.589 7. If Greg's Bicycle Shop chooses to report inventory using LIFO instead of FIFO, record the LIFO adjustment. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the LIFO adjustment. Note: Enter debits before credits Date General Journal Debit Credit March 31 Saved apter 6: Inventory and Cost of Goods Sold Baskin-Robbins is one of the world's largest specialty ice cream shops. The company offers dozens of different flavors, from Very Berry Strawberry to lowfat Espresso 'n Cream. Assume that a local Baskin-Robbins in Raleigh, North Carolina, has the following amounts for the month of July 2021. art 1 of 3 Salaries expense Inventory (July 1, 2021) Sales returns Utilities expense Income tax expense $13,000 1,950 1,200 3.250 5,300 Sales revenue Interest income Cost of goods sold Rent expense Interest expense Inventory (July 31, 2021) $66,300 2.600 28,350 6,000 500 1,200 eBook Required: 1. Prepare a multiple-step income statement for the month ended July 31, 2021. BASKIN-ROBBINS Multiple-step Income Statement For the month of July 2021 References Net sales: Total sales revenue Net sales revenue Operating expenses: Chapter 6: Inventory and Cost of Goods Sold 6 Required: 1. Prepare a multiple-step income statement for the month ended July 31, 2021 Part 1 of 3 BASKIN-ROBBINS Multiple-step Income Statement For the month of July 2021 Net sales: 0.9 points Total sales revenue Net sales revenue eBook Operating expenses: References Total Operating income Non-operating items: apter 6: Inventory and Cost of Goods Sold 6 Required information The following information applies to the questions displayed below.) art 2013 Baskin Robbins is one of the world's largest specialty ice cream shops. The company offers dozens of different flavors, from Very Berry Strawberry to lowfat Espresso 'n Cream. Assume that a local Baskin-Robbins in Raleigh, North Carolina, has the following amounts for the month of July 2021. pints Salaries expense Inventory (July 1, 2021) Sales returns Utilities expense Income tax expense $13,000 Sales revenue 1,950 Interest income 1.200 cost of goods sold 3,250 Rent expense 5,300 Interest expense Inventory (July 31, 2021) $66,300 2,600 28.350 6,000 500 1,200 2-a. Calculate the inventory turnover ratio for the month of July. References Inventory Turnover Ratio Chapter 6: Inventory and cost of Goods Sold 10 Required information The following information applies to the questions displayed below.) Part 3 of 3 Baskin Robbins is one of the world's largest specialty ice cream shops. The company offers dozens of different flavors, from Very Berry Strawberry to lowfat Espresso 'n Cream. Assume that a local Baskin-Robbins in Raleigh, North Carolina, has the following amounts for the month of July 2021. points Salaries expense Inventory (July 1, 2021) Sales returns Utilities expense Income tax expense $13,000 Sales revenue 1,950 Interest income 1,200 Cost of goods sold 3.250 Rent expense 5,300 Interest expense Inventory (July 31, 2021) $66,300 2,600 28.350 6.000 500 1,200 3. Calculate the gross profit ratio for the month of July. Deferences Gross Profit Ratio At the beginning of July, CD City has a balance in inventory of $2,900. The following transactions occur during the month of July 0.9 Points July 3 Purchase CDs on account from Wholesale Music for $1,800, terms 2/10, n/30. July 4 Pay cash for freight charges related to the July 3 purchase from Wholesale Musie, $100. July 9 Return incorrectly ordered CDs to Wholesale Hosie and receive credit, $300. July 11 Pay Wholesale Musie in full. July 12 Sell CDs to customers on account, $4,800, that had a cost of $2,500. July 15 Receive full payment from customers related to the sale on July 12. July 18 Purchase CDs on account from Musie Supply for $2,600, terms 1/10, n/30. July 22 Sel1 CDs to customers for cash, $3,700, that had a cost of $2,000. July 28 Return CDs to Music Supply and receive credit of $200. July 30 Pay Music Supply in full. Required: 1. Assuming that CD City uses a perpetual inventory system, record the transactions. (If no entry is required for a transaction/event. select "No Journal Entry Required" in the first account field.) References View transaction list Journal entry worksheet 1 2 3 4 5 6 7 Record purchase of CDs on account from Wholesale Music for $1,800, terms 2/10, n/30 Note: Enter debts before credits General Journal Debit Credit Date July 03