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A company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). Required: Determine the missing numbers. Note: Enter all amounts as positive numbers. Enter your answers in thousands. Beginning inventory Cost of goods sold Ending inventory Cost of goods available for sale Purchases (gross) Purchase discounts Purchase returns Freight-in 2024 $ $ $ $ $ 69 $ 69 $ 69 69 $ 2025 290 $ 672 $ 636 279 $ 210 951 $ 915 664 30 45 47 $ 55 705 $ 33 $ 39 $ 28 2026 279 $ 210 $ 656 $ 189 69 $ $845 $ 660 $ 69 29 31

A company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). Required: Determine the missing numbers. Note: Enter all amounts as positive numbers. Enter your answers in thousands. Beginning inventory Cost of goods sold Ending inventory Cost of goods available for sale Purchases (gross) Purchase discounts Purchase returns Freight-in 2024 $ $ $ $ $ 69 $ 69 $ 69 69 $ 2025 290 $ 672 $ 636 279 $ 210 951 $ 915 664 30 45 47 $ 55 705 $ 33 $ 39 $ 28 2026 279 $ 210 $ 656 $ 189 69 $ $845 $ 660 $ 69 29 31

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). Required: Determine the missing numbers. Note: Enter all amounts as positive numbers. Enter your answers in thousands. Beginning inventory Cost of goods sold Ending inventory Cost of goods available for sale Purchases (gross) Purchase discounts Purchase returns Freight-in 2024 $ $ $ $ $ $ $ $ 69 2025 290 $ 279 672 $ 636 279 $ 210 951 $ 915 664 30 45 $ 69 SS 705 $ 2026 $ 210 $ 656 $ 189 $ 845 $ 660 33 $ 39 $ 28 $ 47 S5 $ 29 31
Transcribed Image Text:A company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). Required: Determine the missing numbers. Note: Enter all amounts as positive numbers. Enter your answers in thousands. Beginning inventory Cost of goods sold Ending inventory Cost of goods available for sale Purchases (gross) Purchase discounts Purchase returns Freight-in 2024 $ $ $ $ $ $ $ $ 69 2025 290 $ 279 672 $ 636 279 $ 210 951 $ 915 664 30 45 $ 69 SS 705 $ 2026 $ 210 $ 656 $ 189 $ 845 $ 660 33 $ 39 $ 28 $ 47 S5 $ 29 31
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