A company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). Required: Determine the missing numbers. Note: Enter all amounts as positive numbers. Enter your answers in thousands. Beginning inventory Cost of goods sold Ending inventory Cost of goods available for sale Purchases (gross) Purchase discounts Purchase returns Freight-in 2024 $ $ $ $ $ 69 $ 69 $ 69 69 $ 2025 290 $ 672 $ 636 279 $ 210 951 $ 915 664 30 45 47 $ 55 705 $ 33 $ 39 $ 28 2026 279 $ 210 $ 656 $ 189 69 $ $845 $ 660 $ 69 29 31
A company has the following information in its records. Certain data have been intentionally omitted ($ in thousands). Required: Determine the missing numbers. Note: Enter all amounts as positive numbers. Enter your answers in thousands. Beginning inventory Cost of goods sold Ending inventory Cost of goods available for sale Purchases (gross) Purchase discounts Purchase returns Freight-in 2024 $ $ $ $ $ 69 $ 69 $ 69 69 $ 2025 290 $ 672 $ 636 279 $ 210 951 $ 915 664 30 45 47 $ 55 705 $ 33 $ 39 $ 28 2026 279 $ 210 $ 656 $ 189 69 $ $845 $ 660 $ 69 29 31
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter16: Manufacturing Accounting (mfg)
Section: Chapter Questions
Problem 3R: The following data pertain to 2012 activities of Twisp Industries: Use your completed worksheet to...
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