Question: please add 2 more collumn COGS and Equity 46 Sales 47 48 Case 2 - next financial period 49 Mary buys 400 T-shirt 22/pc, total

please add 2 more collumn COGS and Equity 46 Sales 47

please add 2 more collumn COGS and Equity

46 Sales 47 48 Case 2 - next financial period 49 Mary buys 400 T-shirt 22/pc, total 8800 (with cash) 50 She sells and receives 10000 in cash, units sold 470 51 In the end of the period she has 80 shirts left at hand, value 22 each, total value 1760 52 Make the relevant postings and consider the effects in Income statement and Balance sheet. 53 54 Inventory Cash 55 pening balance from prior period 56 57 58 59 60 61 62 63 64 65 66 67 effects in: effects in: 68 Income Statement Balance sheet 69 70 71 72

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