Complete the missing piece of information involving the changes in inventory, and their relationship to goods available
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Complete the missing piece of information involving the changes in inventory, and their relationship to goods available for sale, for the two years shown.
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Beginning inventory Purchases Goods available for sale Ending inventory Cost of goods sold 2021 $700,000 875,000 675,000 2022 $200,000 388,500 75,000 313,500
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Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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