Below is a series of cost of goods sold sections for companies B, M, O, and S. 

Instructions 

Fill in the lettered blanks to complete the cost of goods sold sections.

Transcribed Image Text:

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 $ () 43,590 (k) 42,290 2,240 (1) 49,530 6,230 43,300 $ 250 1,500 $ 120 $ 700 (g) 290 1,080 (d) 1,040 (e) 1,230 1,350 (f) 80 (a) 130 (b) 7,410 (b) 8,050 1) 1,150 7,600 1,800 310 (c) 1,230