B Prepare the closing trial balance for JWC using Attachment G below 13 pts

B prepare the closing trial balance for jwc using

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B.Prepare the closing trial balance for JWC using Attachment G below. (13 pts). ATTACHMENT G : Closing Trial balance (13 pts). Each balance is worth one point. Note : Please, respect the ORDER. I will deduct 3 points for any Trial balance that does not follow the order irrespective of whether you got the correct answers or not. JWC Closing Trial balance As of February 29, 2016 Account Name Debit Credit Totals Project#2 – Principles of Financial Accounting (BUA 201) – Spring 2017 [Akono] 14
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C. Complete the calculations below (3 pts each):1) How many units are in ending inventory? ______440________ units (show your work below)2) What is the cost per unit of the ending inventory? $___________ per unit (show your work below)3) What would be the COGS using the average cost method (Use the periodic inventory system and please, show your work on the back of the page)? 4) What would be the COGS the LIFO method (Use the periodic inventory system and please, show your work on the back of the page)? ___________ Project#2 – Principles of Financial Accounting (BUA 201) – Spring 2017 [Akono] 15
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