Question: please extend a hand using T ACCOUNT ANALYSIS for the items below 1. Inventory, beg 33 000 Net Purchases, 128 000 Cost of Goods Sold,

please extend a hand using T ACCOUNT ANALYSIS for the items below

1. Inventory, beg 33 000 Net Purchases, 128 000 Cost of Goods Sold, 96 000. How much is the Inventory, end?

2. Inventory, beg 89 000 Net Purchases, 217 000 Cost of Goods Sold, 154 000. How much is the Inventory, end?

3. Inventory, beg 20 000 Net Purchases, 176 000 Inventory, end, 90 000. How much is the Cost of Goods Sold?

4. Inventory, beg 24 000 Cost of Goods Sold, 89 000 Inventory, end, 19 000. How much is the Net Purchases?

5. Inventory, end 62 000 Net Purchases, 216 000 Cost of Goods Sold, 244 000. How much is the Inventory, beg?

6. Inventory, end 148 000 Net Purchases, 236 000 Cost of Goods Sold, 344 000. How much is the Total Goods Available for Sale?

7. Net Purchases, 170 000; Increase in inventory during the year, 40 000. How much is the Cost of Goods Sold?

8. Net Purchases, 170 000; Decrease in inventory during the year, 40 000. How much is the Cost of Goods Sold?

9. Cost of Goods Sold, 720 000; Increase in inventory during the year, 80 000. How much is the Net purchases?

10. Inventory, beg 4 000 Total Goods Available for Sale, 190 000 COGS, 169 000. How much is the change in inventory during the year? Increase (decrease)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!