Beginning Inventory (a) $82,600 (b) $52,100 $ Purchases $106,100 $ Cost of Goods Available for Sale $113,000 +A $ Ending Inventory $33,400

Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter5: Accounting For Retail Businesses
Section: Chapter Questions
Problem 44E: Appendix 2 Cost of goods sold Identify the errors in the following schedule of the cost of goods...
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The following are the components in determining cost of goods sold.
Determine the missing amounts.
Beginning
Inventory
(a)
(b)
(c)
$
Purchases
Cost of Goods
Available for Sale
$106,100
$
$
Ending
Inventory
$82,600
$52,100 $
$113,000
$33,400
$113,000
$161,000
$30,200
Transcribed Image Text:The following are the components in determining cost of goods sold. Determine the missing amounts. Beginning Inventory (a) (b) (c) $ Purchases Cost of Goods Available for Sale $106,100 $ $ Ending Inventory $82,600 $52,100 $ $113,000 $33,400 $113,000 $161,000 $30,200
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