Riverbed Corp Income Statement For the Year Ended November 30, 2022 Sales revenue Cost of goods sold Beginning inventory Goods available for sale Ending inventory Total cost of goods sold Operating expenses Selling expenses Administrative expenses Additional Information: $1,898,800 4,453,200 6.352.000 1.575,300 452 400 704,900 $7,633,800 4776.700 2.857-100 1157/300 51.699.800 Accounts receivable decreased $377.800 during the year and inventory decreased $323 500 Prepaid expenses increased $148.100 during the year Accounts payable to suppliers of merchandise decreased $343 400 during the year. Accrued expenses payable decreased 599 200 during the year. Administrative expenses include depreciation expense of $211500
Riverbed Corp Income Statement For the Year Ended November 30, 2022 Sales revenue Cost of goods sold Beginning inventory Goods available for sale Ending inventory Total cost of goods sold Operating expenses Selling expenses Administrative expenses Additional Information: $1,898,800 4,453,200 6.352.000 1.575,300 452 400 704,900 $7,633,800 4776.700 2.857-100 1157/300 51.699.800 Accounts receivable decreased $377.800 during the year and inventory decreased $323 500 Prepaid expenses increased $148.100 during the year Accounts payable to suppliers of merchandise decreased $343 400 during the year. Accrued expenses payable decreased 599 200 during the year. Administrative expenses include depreciation expense of $211500
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter6: Cost Of Goods Sold And Inventory
Section: Chapter Questions
Problem 50E: Inventory Costing Methods Crandall Distributors uses a perpetual inventory system and has the...
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