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3. Fill in the missing numbers for the Cost of Goods Sold section for four different companies. Below is a series of Cost of Goods

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3. Fill in the missing numbers for the Cost of Goods Sold section for four different companies. Below is a series of Cost of Goods Sold sections for four companies Please fill in the missing numbers (erase the question mark and replace it with the correct amount) Company 1 Company 2 Company 3 Company 4 Beginning Inventory 250 120 1,000 ? Purchases 1,500 1,080 7 44,590 Purchase returns and allowances 40 7 290 ? Net Purchases ? 1,020 7,210 44,330 10 Freight in ? ? 2,240 11 Cost of Goods Purchased 7 1,230 7,940 ? 12 Cost of Goods Available for Sale 1,820 1,350 49,530 13 Ending Inventory 310 1,450 6,230 14 Cost of Goods Sold 1.250 7.490 43,300 110

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