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. Do not give answer in image

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. Do not give answer in image

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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Question

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.

Do not give answer in image

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
$
$
317
663 $ 633
317
$ 936
$
690
69
69 69
$
$
69
2025
$
69
$
30 $
36 $
69
25 $
2026
$ 285
285 $ 240
$
836
$
645
27
42 $ 26
28
69
44 $

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