Question: Question 2 View Policies Current Attempt in Progress Concord Corporation reported cost of goods sold as follows. 2022 2021 $30,120 178,810 $20,840 153,330 Beginning inventory
Question 2 View Policies Current Attempt in Progress Concord Corporation reported cost of goods sold as follows. 2022 2021 $30,120 178,810 $20,840 153,330 Beginning inventory Cost of goods purchased Cost of goods available for sale Less: Ending inventory Cost of goods sold 208,930 174,170 38,790 30,120 $170,140 $144,050 Concord Corporation made two errors: 1 2021 ending inventory was overstated by $2,130. 2 2022 ending inventory was understated by $4,680. Compute the correct cost of goods sold for each year. 2021 2022 The correct cost of goods sold $ e Textbook and Media Save for later
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