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part a for just reference only do the part b please ...

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Accounting

part a for just reference only do the part b please
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Question 2 (con't) Part B The following data are available for the ending inventory of Sunshine Ltd as at June 30, 2021: Stock code Quantity Unit Cost ($) Selling Price per unit ($) Type1 Type2 200 300 500 $ 100 $ 200 $ 35 $ 150 $ 180 $ 35 What should be the reported value of the ending inventory of Sunshine Ltd as at June 30, 2021 following the requirements of IAS2/AASB102 Inventories? Prepare the journal entries to record the write-off of inventory value. Include narration and show all your workings clearly. (7 marks) (Total = [3 + 6 + 4] + 7 = 20 marks) = Part A Sunshine Ltd sells and distributes thermometers. The following information was obtained from the book of Sunshine Ltd for September 2021. Purchases Date Sept 1 Sept 12 Sept 19 Sept 26 Transactions Beginning inventory Purchases Purchases Purchases Unit 52 90 56 80 Unit cost $96 $100 $104 $105 al Sales Date Transactions Unit 24 Unit selling price $199 $199 $209 Sales Sales Sales Ending inventory Sept 6 Sept 17 Sept 29 Sept 30 100 124

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