Question: Using the information from the two pictures please answer the parts under Required Color Fashion, Inc (CFI) is a well establish toys trading company which

Using the information from the two pictures please answer the parts under RequiredUsing the information from the two pictures please answer the parts underRequired Color Fashion, Inc ("CFI") is a well establish toys trading company

Color Fashion, Inc ("CFI") is a well establish toys trading company which adopts the periodic system. CFI prepares its financial statements on a monthly basis. follows I he cost of closing inventory as at 30 September 20X1 is $600,000. Required: Anplv the balances provided in the adiusted trial halance items table to calculate the

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