Beginning Inventory Purchases Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold (a) $76,700 $100,600 $enter a dollar amount $enter a dollar amount $112,000 (b) $54,400 $enter a dollar amount $114,000 $35,400 $enter a dollar amount (c) $enter a dollar amount $115,000 $161,000 $28,700 $enter a dollar amount
Beginning Inventory Purchases Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold (a) $76,700 $100,600 $enter a dollar amount $enter a dollar amount $112,000 (b) $54,400 $enter a dollar amount $114,000 $35,400 $enter a dollar amount (c) $enter a dollar amount $115,000 $161,000 $28,700 $enter a dollar amount
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter5: Accounting For Retail Businesses
Section: Chapter Questions
Problem 40E: Identify items missing in determining cost of goods sold For (a) through (e), identify the items...
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The following are the components in determining cost of goods sold.
Determine the missing amounts.
Beginning |
Purchases |
Cost of Goods |
Ending |
Cost of |
||||||
(a) |
$76,700 |
$100,600 |
$enter a dollar amount |
$enter a dollar amount |
$112,000 |
|||||
(b) |
$54,400 |
$enter a dollar amount |
$114,000 |
$35,400 |
$enter a dollar amount |
|||||
(c) |
$enter a dollar amount |
$115,000 |
$161,000 |
$28,700 |
$enter a dollar amount |
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