The Playa Company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). Required: Determine the missing numbers. (Enter all amounts as positive numbers. Enter your answers in thousands.) 2021 2022 2023 Beginning inventory Cost of goods sold Ending inventory Cost of goods available for sale Purchases (gross) Purchase discounts Purchase returns 210 672 636 210 189 951 845 705 660 33 30 39 45 29 Freight-in 28 47 31

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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7. 

The Playa Company has the following information in its records. Certain data have been intentionally omitted ($ in thousands).
Required:
Determine the missing numbers. (Enter all amounts as positive numbers. Enter your answers in thousands.)
2021
2022
2023
Beginning inventory
210
Cost of goods sold
672
636
Ending inventory
Cost of goods available for sale
Purchases (gross)
Purchase discounts
Purchase returns
210
189
951
845
705
660
33
30
39
45
29
Freight-in
28
47
31
Transcribed Image Text:The Playa Company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). Required: Determine the missing numbers. (Enter all amounts as positive numbers. Enter your answers in thousands.) 2021 2022 2023 Beginning inventory 210 Cost of goods sold 672 636 Ending inventory Cost of goods available for sale Purchases (gross) Purchase discounts Purchase returns 210 189 951 845 705 660 33 30 39 45 29 Freight-in 28 47 31
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