Missing Amounts in Cost of Goods Sold Model For each of the following independent cases, fill in
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Missing Amounts in Cost of Goods Sold Model For each of the following independent cases, fill in the missing amounts.
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Case 1 Case 2 Case 3 Beginning inventory $(a) $2,350 $1,890 Purchases (gross) 6,230 5,720 (e) Purchase returns and allowances 470 800 550 Purchase discounts 200 (c) 310 Transportation-in 150 500 420 Cost of goods available for sale 7,110 (d) 8,790 Ending inventory (b) 1,750 1,200 Cost of goods sold 5,220 5,570 (f)
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