Fill in the lettered blanks to complete the cost of goods sold sections. B M O S Beginning inventory $ 340 $ 163 $ 952 $enter a dollar amount (j) Purchases 2,040 1,469 enter a dollar amount (g) 59,282 Purchase returns and allowances 109 enter a dollar amount (d) 394 enter a dollar amount (k) Net purchases enter a dollar amount (a) 1,414 10,078 57,514 Freight-in 177 enter a dollar amount (e) enter a dollar amount (h) 3,046 Cost of goods purchased enter a dollar amount (b) 1,673 10,948 enter a dollar amount (l) Cost of goods available for sale 2,448 1,836 enter a dollar amount (i) 67,361 Ending inventory 422 enter a dollar amount (f) 1,564 8,473 Cost of goods sold enter a dollar amount (c) 1,673 10,336 58,888
Fill in the lettered blanks to complete the cost of goods sold sections. B M O S Beginning inventory $ 340 $ 163 $ 952 $enter a dollar amount (j) Purchases 2,040 1,469 enter a dollar amount (g) 59,282 Purchase returns and allowances 109 enter a dollar amount (d) 394 enter a dollar amount (k) Net purchases enter a dollar amount (a) 1,414 10,078 57,514 Freight-in 177 enter a dollar amount (e) enter a dollar amount (h) 3,046 Cost of goods purchased enter a dollar amount (b) 1,673 10,948 enter a dollar amount (l) Cost of goods available for sale 2,448 1,836 enter a dollar amount (i) 67,361 Ending inventory 422 enter a dollar amount (f) 1,564 8,473 Cost of goods sold enter a dollar amount (c) 1,673 10,336 58,888
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Fill in the lettered blanks to complete the cost of goods sold sections.
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B
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M
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O
|
S
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|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Beginning inventory
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$ 340 | $ 163 | $ 952 | $enter a dollar amount | (j) | |||||||
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Purchases
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2,040 | 1,469 | enter a dollar amount | (g) | 59,282 | |||||||
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Purchase returns and allowances
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109 | enter a dollar amount | (d) | 394 | enter a dollar amount | (k) | ||||||
|
Net purchases
|
enter a dollar amount | (a) | 1,414 | 10,078 | 57,514 | |||||||
|
Freight-in
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177 | enter a dollar amount | (e) | enter a dollar amount | (h) | 3,046 | ||||||
|
Cost of goods purchased
|
enter a dollar amount | (b) | 1,673 | 10,948 | enter a dollar amount | (l) | ||||||
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Cost of goods available for sale
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2,448 | 1,836 | enter a dollar amount | (i) | 67,361 | |||||||
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Ending inventory
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422 | enter a dollar amount | (f) | 1,564 | 8,473 | |||||||
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Cost of goods sold
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enter a dollar amount | (c) | 1,673 | 10,336 | 58,888 |
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