BE 8.01 – Amount of ending inventory
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Find the amount of ending inventory.
Calculator Preview
Your numbers will vary.
Find the amount of ending inventory.
Your numbers will vary.
Given inventory, purchase of merchandise, cost of merchandise, and selling price of merchandise they ask you to prepare journal entries for the transactions.
Your numbers will vary.
Given units purchased and cost of each along with discount terms they ask you to prepare journal entries for the purchase and the payment.
Your numbers will vary.
This is the easier of two versions. The only info given is sales commission %, inventory shipped, amount sold at cost and retail. Asks what amount of inventory the company reports at year-end?
Your numbers will vary.
Given a list of debits and credits along with ending inventory… find the costs of goods sold.
Your numbers will vary.
Given a list of information regarding the company… prepare a journal entry for the transactions under both perpetual and periodic inventory systems.
Your numbers will vary.
Given a list of records for three consecutive years… find the missing numbers.
Your numbers will vary.
Given a list of transactions… calculate the correct inventory balance that would be reported on the balance sheet.
Your numbers will vary.
Determine the cost of goods sold for the year using the FIFO and LIFO methods.
Your numbers will vary.
Given the starting inventory with price, inventory purchases, sales through numerous dates, and ending inventory… find the cost of goods sold using FIFO method in a perpetual inventory system.
Your numbers will vary.