Below is a series of cost of goods sold sections for companies B, M, O, and S. Fill in the lettered blanks to complete the cost of goods sold sections. B M O S Beginning inventory $ 305 $ 146 $ 854 $enter a dollar amount (j) Purchases 1,830 1,318 enter a dollar amount (g) 53,180 Purchase returns and allowances 98 enter a dollar amount (d) 354 enter a dollar amount (k) Net purchases enter a dollar amount (a) 1,269 9,040 51,594 Freight-in 159 enter a dollar amount (e) enter a dollar amount (h) 2,733 Cost of goods purchased enter a dollar amount (b) 1,501 9,821 enter a dollar amount (l) Cost of goods available for sale 2,196 1,647 enter a dollar amount (i) 60,427 Ending inventory 378 enter a dollar amount (f) 1,403 7,6
Below is a series of cost of goods sold sections for companies B, M, O, and S. Fill in the lettered blanks to complete the cost of goods sold sections. B M O S Beginning inventory $ 305 $ 146 $ 854 $enter a dollar amount (j) Purchases 1,830 1,318 enter a dollar amount (g) 53,180 Purchase returns and allowances 98 enter a dollar amount (d) 354 enter a dollar amount (k) Net purchases enter a dollar amount (a) 1,269 9,040 51,594 Freight-in 159 enter a dollar amount (e) enter a dollar amount (h) 2,733 Cost of goods purchased enter a dollar amount (b) 1,501 9,821 enter a dollar amount (l) Cost of goods available for sale 2,196 1,647 enter a dollar amount (i) 60,427 Ending inventory 378 enter a dollar amount (f) 1,403 7,6
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter14: Adjustments For A Merchandising Business
Section: Chapter Questions
Problem 3CE: Information relating to inventory for Janie Par Gifts is provided below. Beginning merchandise...
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Below is a series of cost of goods sold sections for companies B, M, O, and S.
Fill in the lettered blanks to complete the cost of goods sold sections.
B
M
O
S
Beginning inventory
$ 305 $ 146 $ 854 $enter a dollar amount (j)
Purchases
1,830 1,318 enter a dollar amount (g) 53,180
Purchase returns and allowances
98 enter a dollar amount (d) 354 enter a dollar amount (k)
Net purchases
enter a dollar amount (a) 1,269 9,040 51,594
Freight-in
159 enter a dollar amount (e) enter a dollar amount (h) 2,733
Cost of goods purchased
enter a dollar amount (b) 1,501 9,821 enter a dollar amount (l)
Cost of goods available for sale
2,196 1,647 enter a dollar amount (i) 60,427
Ending inventory
378 enter a dollar amount (f) 1,403 7,601
Cost of goods sold
enter a dollar amount
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