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  3. 0000 1 2 3 + with 10) 9) suppose company a places

0000 1 2 3 + with 10) 9) Suppose Company A places der with Company...

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Accounting

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0000 1 2 3 + with 10) 9) Suppose Company A places der with Company on May 12. My 14 Company B ships the ordered goods to Company A with Odeon The goods arrive at Company Aon May 17. Company Abegin sing the goods to customers on May 19 and pays Company B on May 20. When w Company record the sale of goods to Company A? B) May 12. A) May 17 D) May 14 C) May 19 III/ 10) On May 1, Ace Bonding Company purchased inventory costing 52.000 on terms 2/10, 1/30. On May 8 Ace pays for this inventory and records which of the following using a perpetua inventory system? 2,000 2.000 1.960 40 2.000 1. Accounts Payable Cash 2. Accounts Payable Inventory Cash 3. Accounts Payable Inventory Cash Cash Accounts Payable 1.960 2,000 2,000 D) Option 1 C) Option 4 B) Option 3 A) Option 2 D) $75,000 C) SO 11) Inventory at the begining of year 2017 was $20,000. The company purchased inventopry for the cost of $50,000 and planed to sell it for $80,000. If the cost of itmes sold during the year was 40,000 and the inventory count at the end of the year was $25,000. What would be the shrinkage of the inventory? B) $ 35,000 A) S 5000

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