Section C-Long Answer Questions - Answer any ONE (1 x 5 marks = 5 marks) 10. Zaynab Company uses a periodic inventory system. Its records show the following for the month of May, in which 60 units were sold. Units Unit Cost Total Cost May 1 Inventory 30 OMR 9 OMR 270 15 Purchase 22 11 242 24 Purchase 38 12 456 Totals 90 OMR968 Instructions: Compute the ending inventory at May 31 and cost of goods sold using the FIFO, LIFO and Average-cost methods. 11. The following information pertains to Miner Company. a. Cash balance per bank, July 31, OMR 8,200. b. Cash balance per books, July 31, OMR 7,430. c. Deposits in transit, July 31, OMR 500. d. July bank service charge not recorded by the depositor OMR 30. e. Outstanding checks, July 31, OMR 490. f. Bank collected OMR 800 note for Miner in July, plus interest OMR 25, less fee OMR15. The collection has not been recorded by Miner, and no interest has been accrued. Instructions: Prepare bank reconciliation at July 31