Question: Please only need to complete Case 3-Case 6, Thank you! Case 1 A commercialization company of household appliances acquired 2500 TVs for sale. The purchase

Please only need to complete Case 3-Case 6, Thank you!

Case 1

A commercialization company of household appliances acquired 2500 TVs for sale. The purchase price of each television is $850, including 16% VAT on account. The entity must additionally pay $13,000 corresponding to tariffs. The entity had to transport the inventory from the port to its warehouse, for which it incurred an expense of $ 9 for each unit of merchandise. Company then paid an additional $ 5 for each unit, corresponding to loading and unloading the merchandise. You mush to determine the cost of the inventory and record the event in its accounting.

Case 2

An entity that produces goods excluded from VAT acquires raw material worth $70,000, which is taxed with VAT of 16% on cash. The entity had to transport the merchandise from the supplier's facilities to its own, for which it incurred an expense of $ 2,500. You mush to determine the cost of the inventory and record the event in its accounting.

Case 3

An entity acquires 1,000 units of merchandise worth $ 120 each, VAT included on account. The merchandise is taxed with the general rate of 16%. The supplier grants the entity a 3% discount at the time of purchase. In this case, since it is an unconditional discount or invoice footer, it must be taken into account from the moment the supplier invoices the merchandise. This means that it is also not included in the basis for calculating VAT. You mush to determine the cost of the inventory and record the event in its accounting.

Case 4

From Case 1, two days after the commercialization company of household appliances acquired 2500 TVs, it sold 350 TVs on account for $1.350 each one for one of the best costumers. You mush to register the new inventory and record the event in its accounting.

Case 5

From Case 2 the entity that produces goods excluded from VAT acquires raw material worth $70,000, used material to produce the final goods for $45,000. You mush to determine the cost of the inventory and record the event in its accounting. You mush to register the new inventory and record the event in its accounting.

Case 6

From Case 3, the entity that acquires 1,000 units of merchandise, three days after that event, it sold on account a half of that acquisition for 175% of the cost of good sales.You mush to determine the cost of the inventory and record the event in its accounting.

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