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Bill Rose owns Rose Sporting Goods. At the beginning of the year, Rose Sporting Goods...

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Accounting

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Bill Rose owns Rose Sporting Goods. At the beginning of the year, Rose Sporting Goods had $2,800 in Inventory, During the year, Rose Sporting Goods purchased Inventory that cost $13,400. At the end of the year, Inventory on hand amounted to $4,000, Required a. Calculate the cost of goods available for sale during the year. Goods available for sale b. Calculate the cost of goods sold for the year. Cost of goods sold . Calculate the amount of inventory Rose Sporting Goods would report on its year-end balance sheet. Merchandise inventory

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