Joss Distributors had the following revenue-related transaction during December: Collected cash for services provided in November, $12,000 Provided services on account, $24,500, of which Joss collected $14,000 Received $2,000 on December 1 for
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est Co. recorded the following inventory information during the month of February: Units Unit cost Total cost Units on Hand Balance on 2/1 800 $2 $1,600 800 Purchased on 2/8 1,000 $3 $3,000 1,800 Sold on 2/14 1,500 300 Purchased on 2/17 2,000 $1
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