20) Suppose that Mr. T Creates a business that sells Premium Espresso. Suppose at the beginning of the fiscal period (January 1st 2021), Mr. T had a total inventory of $460,000. He Purchased $75,000 of additional inventory during the fiscal period, received $17,000 in discounts from paying his bills on time, and returned $3,000 of spoiled goods. Suppose also that Mr. T spent around $4,000 to Transport goods to and from himself and customers. Upon taking a physical inventory at the end of the fiscal period (Yearly fiscal period), Mr. T discovers that he has $230,000 of remaining inventory. FILL IN THE BLANKS properly for Mr. T's Premium Espresso, Schedule of Cost of Goods Sold, For the year ending December 31, 2021. 1.The Value for "A)" would be....? 2.The Value for "B)" would be....? 3.The Value for "C)" would be....? 4.The Value for "D)" would be....? 5.The Value for "E)" would be....? 6.The Value for "F)" would be....? 7.The Value for "G)" would be....? 8.The Value for "H)" would be....? 9.The Value for "I)" would be....? 10.The Value for "J)" would be....? 11.The Value for "K)" would be....?
20) Suppose that Mr. T Creates a business that sells Premium Espresso. Suppose at the beginning of the fiscal period (January 1st 2021), Mr. T had a total inventory of $460,000. He Purchased $75,000 of additional inventory during the fiscal period, received $17,000 in discounts from paying his bills on time, and returned $3,000 of spoiled goods. Suppose also that Mr. T spent around $4,000 to Transport goods to and from himself and customers. Upon taking a physical inventory at the end of the fiscal period (Yearly fiscal period), Mr. T discovers that he has $230,000 of remaining inventory. FILL IN THE BLANKS properly for Mr. T's Premium Espresso, Schedule of Cost of Goods Sold, For the year ending December 31, 2021.
1.The Value for "A)" would be....?
2.The Value for "B)" would be....?
3.The Value for "C)" would be....?
4.The Value for "D)" would be....?
5.The Value for "E)" would be....?
6.The Value for "F)" would be....?
7.The Value for "G)" would be....?
8.The Value for "H)" would be....?
9.The Value for "I)" would be....?
10.The Value for "J)" would be....?
11.The Value for "K)" would be....?
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