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