company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). Required: Determine the missing numbers. Note: Enter all amounts as positive numbers. Enter your answers in thousands. Beginning inventory Cost of goods sold Ending inventory Cost of goods available for sale Purchases (gross) Purchase discounts Purchase returns Freight-in Answer is not complete. 2025 2024 $ 272 S 678 $ 283 $ 961 $ 715 $ 35 S 41 $ 30 $ 638 $ 220 $858 $ 32 47 49 $ $ 2026 $ 220 $ 193 $ 851 $ 670 $ 31 $ 33

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Inventory Accounting

Inventory accounting is that branch of accounting that helps in determining the specific value of assets at different stages of production and development.