D) $15,600 | ||
Under LIFO method, first last purchase inventory out when sale happen, So | ||
cost of ending inventory is 1,200 lbs x $13 = $15,600 | ||
4The (offee company vegan the acounthing percd wS000 Of coffee n invanory at a COSt of...
Please answer the multiple choice questions, no work needed MULTIPLE CHOICE PLEASE CIRCLE YOUR ANSWER DONor wRITE YOUR ANSWER IN THE MARGIN On January 1,2015, the Accounts Receivable of Linda Company had a debit balance of 51 January, the company provided services for $600,.000 on account. The company collected $230,000 tr t. $150.000 Daring customers on account in January. What was the ending balance in the Accounts Receivable of January?o A. $370,000 debit B $7,000 debit C. $520,000 debit D....
the last two photos are the questions to be answered NAME DUE DATE 3/12/20 CROWN and PRINCE Crown & Prince are virtually identical companies, both companies began operations at the beginning of 2018 by issuing 20,000 shares, 35,00 par common stock $100,000 and long term debt of $200.000 During the year, both companies purchased inventory as follows: units Unit cost Jan-18 10,000 $4,00 Apr 18 10,000 $5.00 Aug-18 10.000 $800 Nov-18 10,000 $7.00 40,000 Total Cost 340.000 $50,000 $50.000 $70,000...