below is a series of cost of goods sold sections for companies a f l and v 533579
Below is a series of cost of goods sold sections for companies A, F, L, and V.
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below is a series of cost of goods sold sections for companies a f l and v 533579
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F |
L |
V |
|
|
Beginning inventory |
250 |
$120 |
$700 |
$ ( j) |
|
Purchases |
1,500 |
1,080 |
(g) |
43,590 |
|
Purchase returns and allowances |
80 |
(d) |
290 |
(k) |
|
Net purchases |
(a) |
1,040 |
7,410 |
42,290 |
|
Freight-in |
130 |
(e) |
(h) |
2,240 |
|
Cost of goods purchased |
(b) |
1,230 |
8,050 |
(l) |
|
Cost of goods available for sale |
1,800 |
1,350 |
(i) |
49,530 |
|
Ending inventory |
310 |
(f ) |
1,150 |
6,230 |
|
Cost of goods sold |
(c) |
1,230 |
7,600 |
43,300 |
Instructions
Fill in the lettered blanks to complete the cost of goods sold sections.
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