Wilderness Associates Bank Reconsiliation October 31, 2018 Bank: 2,445 Balance, October 31, 2018 3,300 Add: Deposit in Transit 5,745 975 Less: Outstanding Checks 4,770 Adjusted bank balance, October 31, 2018 Books: Balance, October 31, 2018 3,546 Bank Collection of Note Receivable Interest Revenue Add: 1,500 15 1,515 5,061 Less: EFT-Utilities Expense 250 NSF Check 29 Bank Service Fee 12 291 5 Adjusted book balance, October 31, 2018 4,770

Inventory Count, December 31 Inventory, January 1 3 at $1,040 9 at 5 at 240 6 at 6 at Model 1st 2nd 3rd 3 at $1,054 7 at 3 at $1,060 3 at $1,070 6 at 1 at C55 4 D11 639 645 666 6 at 675 11 F32 3 at 260 260 1 at 280 H29 305 3 at 310 3 at 316 4 at 317 К47 520 8 at 531 4 at 549 6 at 542 8. $33 4 at 222 4 at 232 - X74 4 at 35 б at 36 8 at 37 7 at 39 1. Determine the cost of the inventory on December 31 by the first-in, first-out method. Present data in columnar form, using the following headings: Model Quantity Unit Cost Total Cost If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. 2. Determine the cost of the inventory on December 31 by the last-in, first-out method, following the procedures indicated in (1). 3. Determine the cost of the inventory on December 31 by the weighted average cost method, using the columnar headings indicated in (1). Discuss which method…

how is forcasting part of the bookkeeping process

The answer given is in journal entry form, the question is asking for tabular summary form. Could this please be provided?