ighest CoGs when prices are falling? 5. Which method of inventory costing matches the flow of cost with the physical flow of goos? 6. List the flow of product costs through the inventory accounts. 7. When should goodwill be recorded in the accounting records? 8. What is the journal entry for donated equipment? 9. Does the composite depreciation method recognize a gain/loss on the retirement of specific assets in 10. What method of amortization is normally recommended for intangible assets? 11. For a liability to exist what must have occurred? 12. How is unamortized debt premium reported on the balance sheet? 13. Does the interest expense increase or decrease each period when the effective-interest method of a bond discount is used? 14. What method of depreciation ignores the salvage value in the early years of an asset's life? 15. What method of depreciation applies a uniform depreciation rate each period to an assets's book value 16. What does the par value of stock represent? 17. What is the journal entry to record the issuance for fully paid stock subscriptions 18. Where are the gains and losses on the purchase and resale of treasury stock recordedi? 19. Where are the changes in the fair value of trading, AFS and equity securities reported? now how to apply the different depreciation methods. now how to caler