The following data relate to notes receivable and interest for cgh cable co., a cable manufacturer and supplier. (all notes are dated as of the day they are received.)

apr. 10. received a $144,000, 5%, 60-day note on account.
may 15. received a $270,000, 7%, 120-day note on account.
june 9. received $145,200 on note of april 10.
aug. 22. received a $150,000, 4%, 45-day note on account.
sept. 12. received $276,300 on note of may 15.
30. received a $210,000, 8%, 60-day note on account.
oct. 6. received $150,750 on note of august 22.
18. received a 120,000, 5%, 60-day note on account.
nov. 29. received $212,800 on note of september 30.
dec. 17. received $121,000 on note of october 18.
journalize the entries to record the transactions. refer to the chart of accounts for exact wording of account titles.

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?