The Playa Company uses a periodic inventory system. The following information is taken from Playa's records. Certain
Question:
The Playa Company uses a periodic inventory system. The following information is taken from Playa's records. Certain data have been intentionally omitted. ($ in thousands)
Required:
Determine the missing numbers. Show computations whereappropriate.
Transcribed Image Text:
201120122013 225 627 621 ? 225 216 Beginning inventory Cost of goods sold Ending inventory Cost of goods available for sale 876800 Purchases (gross] Purchase discounts Purchase returns Freight-in 630 585 24 30 14 13 32 16
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Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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