A company has the following information in its records. Certain data have been intentionally omitted ($...
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A company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). Required: Determine the missing numbers. Note: Enter all amounts as positive numbers. Enter your answers in thousands. Beginning inventory Cost of goods sold Ending inventory Cost of goods available for sale Purchases (gross) Purchase discounts Purchase returns Freight-in 2024 SS $ 651 S $ 10 $ $ 10 2025 S 629 $ 265 916 670 26 S 23 32 $ 33 2026 $ 265 $ 232 $ 824 $ 625 38 $ 22 24 55 21 S 40 $ A company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). Required: Determine the missing numbers. Note: Enter all amounts as positive numbers. Enter your answers in thousands. Beginning inventory Cost of goods sold Ending inventory Cost of goods available for sale Purchases (gross) Purchase discounts Purchase returns Freight-in 2024 SS $ 651 S $ 10 $ $ 10 2025 S 629 $ 265 916 670 26 S 23 32 $ 33 2026 $ 265 $ 232 $ 824 $ 625 38 $ 22 24 55 21 S 40 $
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Answer rating: 100% (QA)
2024 2025 2026 Beginning Inventory 283 265 265 Cost of Goods Sold 651 629 592 Ending Inventory 265 2... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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