The following amounts were obtained from the accounting records of Rabren Supply Company: Required: Compute the missing
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Required:
Compute the missing amounts.
Transcribed Image Text:
2010 2011 $359,620 $423,150 Net sales Cost of goods sold $36,800 Beginning inventory Purchases 301,600 Goods available for sale (bl 42,780 [el 2 Ending inventory Cost of goods sold 289,700 (gl Gross margin 3 116,450
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For 2010 solve in the following order c 359620 116450 ...View the full answer
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Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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