Question: help please ANKER 4. Washington Cycles started January with 7 bicycles Washington bought 35 bicycles at $58 cach. On January 31, Washington $110 (10 points).
ANKER 4. Washington Cycles started January with 7 bicycles Washington bought 35 bicycles at $58 cach. On January 31, Washington $110 (10 points). started January with 7 bicycles that cost $53 cach. On January 10 y 31, Washington sold 18 bicycles for Requirements a. Calculate Washington Cycle's inventory cost and Cost of Goods assuming the company uses the specific identification costine mehed assume that Washington sold 5 bicycles from the beginning inventory and 13 bicycles from January 16 purchase. b. Journalire in quality form the January 16 purchase of merchandise inventory on account and the January 31 sale of merchandise inventory on account. JOURNAL ACCOUNT DATE PR DEBIT CREDIT
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