Chambers Manufacturing Company produces blankets. From its accounting records, it prepares the following schedule and financial statements

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Chambers Manufacturing Company produces blankets. From its accounting records, it prepares the following schedule and financial statements on a yearly basis.

(a) Cost of goods manufactured schedule.

(b) Income statement.

(c) Balance sheet.
The following items are found in its ledger and accompanying data.image text in transcribed

Instructions List the items (1)–(16). For each item, indicate by using the appropriate letter or letters, the schedule and/or financial statement(s) in which the item will appear.

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Related Book For  book-img-for-question

Accounting Tools For Business Decision Making

ISBN: 9780470534786

4th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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