Question: Please help me answer blanks 1-12 on the pic. It's two pictures so that I could fit the chart in with the question Analyses of
Please help me answer blanks 1-12 on the pic. It's two pictures so that I could fit the chart in with the question


Analyses of accounts The company has reported "Accounts Payable" and "Inventory" as follows in its financial statements. Accounts Payable Date Adjusted Final Balance December 31, 2012 $ 16,000 December 31, 2013 12,500 Inventory Date Adjusted Final Balance December 31, 2012 $ 33,000 December 31, 2013 57,000 The company paid cash in the amount of $ 103,000 to suppliers for the purchase of merchandise during the year. What amount of COGS should have been reported by the company during the year ended December 31, 2013?.The company paid cash in the amount of $ 103,000 to suppliers for the purchase of merchandise during the year. What amount of COGS should have been reported by the company during the year ended December 31, 2013? . Accounts Payable Inventory DR CR DR CR Begin Balance $1) Begin Balance $7)_ 2) $3) 4) $5) 8) $9) 10) $11) End Balance $6) End Balance $12)
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