Cougar Company has the following information in its records: Beginning Inventory Cost of Goods Sold Ending...

 

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Cougar Company has the following information in its records: Beginning Inventory Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Purchases (gross) Purchase discounts Purchase returns Freight-in Required Determine the missing numbers. Beginning Inventory Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Purchases (gross) Purchase discounts Purchase returns Freight-in 2020 ????? 627,000 ????? 876,000 630,000 18,000 24,000 13,000 2020 246,000 627,000 249,000 876,000 630,000 18,000 24,000 13,000 2021 ????? 621,000 225,000 ????? ????? 15,000 30,000 32,000 2021 621,000 225,000 15,000 30,000 32,000 2022 225,000 ????? 216,000 800,000 585,000 ????? 14,000 16,000 2022 225,000 594,000 216,000 800,000 585,000 14,000 16,000 Cougar Company has the following information in its records: Beginning Inventory Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Purchases (gross) Purchase discounts Purchase returns Freight-in Required Determine the missing numbers. Beginning Inventory Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Purchases (gross) Purchase discounts Purchase returns Freight-in 2020 ????? 627,000 ????? 876,000 630,000 18,000 24,000 13,000 2020 246,000 627,000 249,000 876,000 630,000 18,000 24,000 13,000 2021 ????? 621,000 225,000 ????? ????? 15,000 30,000 32,000 2021 621,000 225,000 15,000 30,000 32,000 2022 225,000 ????? 216,000 800,000 585,000 ????? 14,000 16,000 2022 225,000 594,000 216,000 800,000 585,000 14,000 16,000

Answer rating: 100% (QA)

The Missing Figures and Filled in the below table 2020 2021 2022 Beginning ... View the full answer