COGS? able to salvage some of the records and has ascertained the following balances. December...

70.2K

Verified Solution

Question

Accounting

COGS?

image
able to salvage some of the records and has ascertained the following balances. December 31, 2022 December 31, 2021 Cash $ 31,000 $ 12,000 Accounts receivable (net) 73.500 127,000 Inventory 201,000 174,000 Accounts payable 51,500 94,500 Notes payable 25,000 61,500 Common stock, $100 par 393.000 393.000 Retained earnings 100,000 100.500 Additional information

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students