Presented below are the components in determining cost of goods sold Determine the missing amounts Cost of Goods Sold Ending Beginning nventory Purchases le for Sale Inventory Cost of Goods 1 $250,000 108,000 75,000 000 $170,000 s (a)$50,000 S (b) 90,000 38,000 70,000 2 3 130,000 95,000 75,000 45,0...

1 a Cost of goods available for sale 250000 170000 420000 b Cost of goods so ...

Presented below are the components in determining cost of goods sold. Determine the missing amounts. Cost of

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Presented below are the components in determining cost of goods sold. Determine the missing amounts.

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Accounting Principles

ISBN: 978-1119048503

7th Canadian Edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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Question Posted: May 16, 2017 10:14 AM

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Presented below are the components in determining cost of goods sold. Determine the missing amounts. Cost of

Question:

Cost of Goods Sold Ending Beginning nventory Purchases le for Sale Inventory Cost of Goods 1 $250,000 108,000 75,000 000 $170,000 s (a)$50,000 S (b) 90,000 38,000 70,000 2. 3. 130,000 95,000 75,000 45,000

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Accounting Principles

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