At the end of 2021, Murray Company had a balance in its Allowance for Uncollectible Accounts of $4,500 (credit) before any adjustment. The company estimated its future uncollectible accounts to be $12,000 using the percentage-of-receivables method. Murray Company's year-end adjustment to Allowance for Uncollectible Accounts on December 31, 2021 included a: a. Debit to Bad Debt Expense of $12,000.
b. Credit to Allowance for Uncollectible Accounts of $12,000.
c. Credit to Bad Debt Expense of $7,500.
d. Credit to Allowance for Uncollectible Accounts of $7,500.

Inventory by three methods; cost of goods sold the units of an item available for sale during the year were as follows: jan. 1 inventory 20 units at $1,800 may 15 purchase 31 units at $1,950 aug. 7 purchase 13 units at $2,040 nov. 20 purchase 16 units at $2,100 there are 18 units of the item in the physical inventory at december 31. determine the cost of ending inventory and the cost of goods sold by three methods, presenting your answers in the following form: round your final answers to the nearest dollar. cost inventory method ending inventory cost of goods sold a. first-in, first-out method $ $ b. last-in, first-out method $ $ c. weighted average cost method $ $