Current Attempt in Progress Below is a series of cost of goods sold sections for...
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Accounting
Current Attempt in Progress Below is a series of cost of goods sold sections for companies A, F, L, and V. All of these companies use a periodic inventory system. Fill in the blanks to complete the cost of goods sold sections. A F V $260 $130 $940 $ 1.500 1,090 4. 60 280 1.030 7,480 4: 130 Beginning inventory Purchases Purchase returns and allowances Net purchases Freight-in Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold 1.220 8,000 1,830 1.350 4 330 1,460 1.220 7,480 4: V $ $ 44,010 42,610 2,210 49,860 6,220 43,640
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