Question 1 Not changed since last attempt Marked out of 7.00 Flag question Compute the Missing Inventory Values. The following information was disclosed in the Year 3 annual report of The Arcadia Company. Fill in the missing values. Beginning inventory Purchase of inventory Inventory available for sale Ending inventory Cost of goods sold Year 3 Year 2 Year 1 $ $ $12,760 46,850 42,940 55,700 11,855 13,600 42,480 43,715 Compute the Missing Inventory Values. The following information was disclosed in the Year 3 annual report of The Arcadia Company. Fill in the missing values. Compute the Missing Inventory Values. The following information was disclosed in the Year 3 annual report of The Arcadia Company. Fill in the missing values. Year 3 Year 2 Year 1 Beginning inventory Answer Answer 0 $12,760 Purchase of inventory 46,850 Answer 0 42, 940 Inventory available for sale Answer Answer 0 55,700 Ending inventory Answer 11,855 Answer Cost of goods sold 13,600 42, 480 43,715
Question 1 Not changed since last attempt Marked out of 7.00 Flag question Compute the Missing Inventory Values. The following information was disclosed in the Year 3 annual report of The Arcadia Company. Fill in the missing values. Beginning inventory Purchase of inventory Inventory available for sale Ending inventory Cost of goods sold Year 3 Year 2 Year 1 $ $ $12,760 46,850 42,940 55,700 11,855 13,600 42,480 43,715 Compute the Missing Inventory Values. The following information was disclosed in the Year 3 annual report of The Arcadia Company. Fill in the missing values. Compute the Missing Inventory Values. The following information was disclosed in the Year 3 annual report of The Arcadia Company. Fill in the missing values. Year 3 Year 2 Year 1 Beginning inventory Answer Answer 0 $12,760 Purchase of inventory 46,850 Answer 0 42, 940 Inventory available for sale Answer Answer 0 55,700 Ending inventory Answer 11,855 Answer Cost of goods sold 13,600 42, 480 43,715
Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter20: Accounting For Inventory
Section20.3: Estimating Inventory
Problem 1WT
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