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  3. shown here are annual financial data for a merchan

Shown here are annual financial data for a merchandising company and a manufacturing company. ...

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Accounting

Shown here are annual financial data for a merchandising company and a manufacturing company.
\table[[,\table[[Music],[World],[Retail]],\table[[Wave-Board],[Manufacturing]]],[Beginning inventory,$,],[Merchandise,155,000,],[\table[[Finished goods],[Cost of merchandise],[purchased]],250,000,],[Cost of goods,,],[manufactured,,582,000],[Ending inventory,,],[Merchandise,160,000,],[Finished goods,,260,000],[Required:,,]]
Prepare the cost of goods sold section of the income statement for each company.
Complete this question by entering your answers in the tabs below.
Merchandising Business
Manufacturing Business
image

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