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E9-9 Required: Determine the missing amounts. Cost of Gross Sales Net Ending Goods Profit Beg returns Sales Inventory Purchases Inventory Net Sales Sold (Loss) 1 5,000 80,000 24,000 130,000 38,000 2 126,000 6,000 48,000 145,000 46,500 3 7,200 264,800 167,000 62,800 186,200 4 345,000 8,600 114,000 141,000 179,000 5 468,000 458,800 155,000 270,000 228,000

How to calculate this using the Periodic Weighted Formula method & the Perpetual FIFO method

Problem 4-3 (ACP) collected charge amounted to P10.000. The account was within the discount period. Required: Prepare journal entries to record the transactions under the following freight terms: 1. FOB destination and freight collect 2. FOB destination and freight prepaid 3. FOB shipping point and freight collect 4. FOB shipping point and freight prepaid

q(12+16)This multible choice question from ACCOUNTING PRINCIPLES I.just write for me the final answer.

acct9

35 Which inventory issue must be disclosed in the notes to financial statements? Price changes for customers Suppliers' net assets Average costs of inventory Transactions with related parties BOOKMARK

What about the cost of goods sold?

Ex2\ Determine the missing amounts in each the following independent cases: Data حدد المبالغ المفقودة في كل من الحالات المستقلة التالية Case A Inventory \1 Inventory 31\12 Purchases of raw material Case B 15,000 30,000 Case C 20,000 90,000 100,000 70,000 Direct material used 85,000 95,000 100,000 Direct labor 125,000 160,000 Manufacturing overhead Total manufacturing Inventory work in process I\I Inventory work in process 31\12 Cost of goods manufacturing Inventory finished goods I\I Cost of goods available for sale Inventory finished goods 31\12 Cost of goods sold Sales 250,000 345,000 20,000 35,000 340,000 520,000 35,000 5,000 350,000 525,000 50,000 40,000 370,000 25,000 545,000 330,000 480,000 ? 255,000 Gross profit Selling and administrative expenses 170,000 75,000 Ex3 The following data refer to the Fresno fashions co. for the year 2016 Sales revemue 950,000 work in process inventory 3112 was 30,000 work in process inventory I\1 was 40,000 \ 200 000 duinictration ernenses 150.000…