Do Homework MOHAMAD Alshati Google Chrome https://www.mathxl.com/Student/PlayerHomework aspx?homeworkid=515759498&questionld=2&flushed=false&cld=5349868¢ervin-yes ACCT 201 Fundamentals of Financial Accounting MOHAMAD Alshati3/22/19 8:59 PM Homework: Homework Chapter6 Save Score: 1.32 of

Do Homework MOHAMAD Alshati Google Chrome https://www.mathxl.com/Student/PlayerHomework aspx?homeworkid=515759498&questionld=2&flushed=false&cld=5349868&centervin-yes ACCT 201 Fundamentals of Financial Accounting MOHAMAD Alshati3/22/19 8:59 PM Homework: Homework Chapter6 Save Score: 1.32 of 10 pts 2 of 19 (5 complete) HW Score: 17.55%, 17.73 of 101 pts TI6-2 (similar to) Question Help 5. Dream Books has the following transactions in August related to merchandise inventory (Click the icon to view the transactions.) Read the requirements a. Determine the cost of goods sold and ending merchandise inventory by preparing a perpetual inventory record using the specific identification method. Assume the following costing information for the books sold during the month: August 3: August 15: August 28 2 books costing $12 each 5 books costing $12 each and 7 books costing $20 each 2 books costing $20 each and 1 books costing $23 each Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered nto the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first.) Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date QuantityCost Cost Quantity Cost Cost Quantity Cost Cost Aug. 1 Enter any number in the edit fields and then click Check Answer Clear All Check Answer remaining 9:02 PM Type here to search A ENG 22-Mar-19 Do Homework MOHAMAD Alshati Google Chrome https://www.mathxl.com/Student/PlayerHomework aspx?homeworkid=515759498&questionld=2&flushed=false&cld=5349868&centervin-yes ACCT 201 Fundamentals of Financial Accounting MOHAMAD Alshati3/22/19 9:00 PM Homework: Homework Chapter6 Save Score: 1.32 of 10 pts 2 of 19 (5 complete) HW Score: 17.55%, 17.73 of 101 pts TI6-2 (similar to) Requirements 5. Dream Books has the following transactions in August related to merchandise inventory EEB (Click the icon to view the transactions.) Read the Determine the cost of goods sold and ending merchandise inventory by preparing a perpetual inventory record using the specific identification method. Assume the following costing information for the books sold during the month: a. Data Table August 3: 2 books costing $12 each a. Determine during the mo sold August 15: 5 books costing $12 each and 7 books costing $20 each August 28: 2 books costing $20 each and 1 books costing $23 each preparing a perpetual inventory record using the FIFO inventory costing method preparing a perpetual inventory record using the LIFO inventory costing method. Aug. 1Beginning merchandise inventory, 8 books@ $12 each Sold 2 books $16 each 12 Purchased 10 books $20 each 15 Sold 12 books$16 each b. Determine the cost of goods sold and ending merchandise inventory by c. Determine the cost of goods sold and ending merchandise inventory by d. Determine the cost of goods sold and ending merchandise inventory by Start by e into the perpe ed and Purchased 2 books$23 eaclh 28 Sold 3 books $18 each preparing a perpetual inventory record using the weighted-average inventory costing method. Round weighted average unit cost to the nearest cent and total cost to the nearest dollar on Date Print Done ost Aug. 1 Enter any number in the edit fields and then click Check Answer Print Done Clea remaining 9:04 PM Type here to search A ENG 22-Mar-19 Do Homework MOHAMAD Alshati Google Chrome https://www.mathxl.com/Student/PlayerHomework aspx?homeworkid=515759498&questionld=2&flushed=false&cld=5349868&centervin-yes ACCT 201 Fundamentals of Financial Accounting MOHAMAD Aishati | 3/22/19 9:01 PM Homework: Homework Chapter6 Score: 1.32 of 10 pts &) Save 2 of 19 (5 complete) HW Score: 17.55%, 17.73 of 101 pts TI6-2 (similar to) 5. Dream Books has the following transactions in August related to merchandise inventory (Click the icon to view the transactions.) Read the requirements. Question Help Purchases Cost of Goods Sold Inventory on Hand Unit Total Unit Total Unit Total Date | Quantity | Cost | Cost | Quantity | Cost | Cost | Quantity Cost | Cost Aug. 1 12 20 Enter any number in the edit fields and then click Check Answer Clear All Check Answer remaining 9:04 PM Type here to search A ENG 22-Mar-19 Do Homework MOHAMAD Alshati Google Chrome https://www.mathxl.com/Student/PlayerHomework aspx?homeworkid=515759498&questionld=2&flushed=false&cld=5349868&centervin-yes ACCT 201 Fundamentals of Financial Accounting MOHAMAD Alshati3/22/19 9:01 PM Homework: Homework Chapter6 Save Score: 1.32 of 10 pts 2 of 19 (5 complete) HW Score: 17.55%, 17.73 of 101 pts TI6-2 (similar to) Question Help 5. Dream Books has the following transactions in August related to merchandise inventory (Click the icon to view the transactions.) Read the requirements 15 20 28 Totals Enter any number in the edit fields and then click Check Answer Clear All Check Answer remaining 9:05 PM Type here to search A ENG 22-Mar-19