Statement of Cost of Goods sold and Income Statement The Houston Company, a manufacturer, had the following

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Statement of Cost of Goods sold and Income Statement The Houston Company, a manufacturer, had the following beginning and ending inventory for the year ending December 31, 20XX:image text in transcribed

During the year the following transactions occurred:image text in transcribed

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(1) Prepare a statement of cost of goods manufactured for the year.
(2) Prepare an income statement for the year.

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