Below is a series of cost of goods sold sections for companies A, F, L, and V.
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Below is a series of cost of goods sold sections for companies A, F, L, and V.
InstructionsFill in the lettered blanks to complete the cost of goods soldsections.
Transcribed Image Text:
A. L. Beginning inventory Purchases (j) 43,590 (k) 42,290 2,240 (1) 49,530 6,230 $ 250 1,500 $ 120 1,080 (d) 1,040 (e) 1,230 1,350 (f) 1,230 $ 700 (g) 290 Purchase returns and allowances 80 (a) Net purchases Freight-in 7,410 (h) 130 (b) 1,800 Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold 8,050 (i) 1,150 310 (c) 7,600 43,300
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a 1420 1500 80 b 1550 1420 130 c 1490 1800 310 d 40 ...View the full answer
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Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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