Question 2 View Policies Current Attempt in Progress You are given the following information for Wildhorse Company for the month ended November 30, 2021: Units Unit Price 55 100 Date Description Nov. 1 Beginning inventory 9 Purchase 15 Sale 22 Purchase 29 Sale 30 Purchase (120) 145 (160) 40 Wildhorse Company uses a perpetual inventory system. All sales and purchases are on account. Calculate the cost of goods sold and the ending inventory Cost of goods sold Ending inventory eTextbook and Media List of Accounts Assume the sales price w $66 per unit for the foods sold on November 15, and $60 per unit for the sale on November 29. Prepare journal entries to record the November 22 purchase and the November 29 sale Credit les are automatically indeed when the most wide l y try to try the arranties and for the Debit Date Account Titles and Explanation Now. 22 (To record purchase on account.) Nov 29 (To record sales on account.) Nov 29 (To record cost of goods sold.) eTextbook and Media List of Accounts Calculate gross profit for November Gross profits e Textbook and Media Are that the end of ho to record the on e the company Denti is w s ory There we 56 t son and What e ntry w ry for the countries and the company for Account Titles and Explanation To record cont of goods sold) e Tecbook and Media List of Accounts the company had not discovered this shortage, what would be rated or understated on the balance sheet and income statement and by what amount? on the balance sheet would be on the income statement would be e Textbook and Media List of Accounts Attempts of used