Question: Remaining Time: 35 minutes, 03 seconds. Question Completion Status: Attach File Browse My Computer QUESTION 2 See the record of transactions for the month of

Remaining Time: 35 minutes, 03 seconds. Question Completion Status: Attach File Browse My Computer QUESTION 2 See the record of transactions for the month of May is shown below. Assuming that perpetual inventory records are kept in dollars, determine/complete following: 1) What is the value, in dollars, of the ending inventory? 2) What is the total amount of cost of goods sold, in dollars, for the month of May? 3) Prepare the complete journal entry to record the sale of goods on 5/12. UPLOAD YOUR ANSWER AS A PDF FILE. UNIT COST OR SELLING PRICE $4.20 DATE 5/1 5/3 5/8 5/12 ITEM Balance Sale UNITS 400 300 800 Purchase Sale $7.00 $4.30 $7.50 $4.50 600 1,200 5/25 Purchase Attach File Browse My Computer QUESTION 3 UPLOAD YOUR ANSWER AS A PDF FILE. On November 8, Riley Company sold to Luc Company merchandise having a sales with terms of 1/10. n/30.F.O.R. shinnine point. An invoice totalino
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