Presented below are the components in determining cost of goods sold. Cost of Beginning Inventory Cost of Goods Available for Sale Ending Inventory goods sold Purchases $73,000 $93,000 (a) (b) $113,000 $43,000 (c) $108,000 $28,000 (d) (e) $103,000 $153,000 $22,000 (f) %24

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Brief Exercise 5-01
Presented below are the components in determining cost of goods sold. Determine the missing amounts.
Beginning
Inventory
Cost of Goods
Available for Sale
Ending
Inventory
Cost of
goods sold
Purchases
$73,000
$93,000
(a)
(b)
$113,000
$43,000
(c)
$108,000
$28,000
(d)
$1
$.
(e)
$103,000
$153,000
$22,000
$4
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Transcribed Image Text:Reyplus.com/edugen/student/mainfr.uni ube Maps Welcome, Joseph .. New Tab ent Brief Exercise 5-01 Presented below are the components in determining cost of goods sold. Determine the missing amounts. Beginning Inventory Cost of Goods Available for Sale Ending Inventory Cost of goods sold Purchases $73,000 $93,000 (a) (b) $113,000 $43,000 (c) $108,000 $28,000 (d) $1 $. (e) $103,000 $153,000 $22,000 $4 Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by yo Questior Ea % ar at vacY Policy 2000-2021 John Wiley & Sons Inc. All Rights Reserved. A Division of John Witey& Sons Inc. to search hp
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