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A company has the following information: Beginning inventory: $20,000 Purchases: $50,000 Ending inventory: $25,000 Calculate the cost of goods sold for the period.
A company has the following information:
- Beginning inventory: $20,000
- Purchases: $50,000
- Ending inventory: $25,000 Calculate the cost of goods sold for the period.
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
13th edition
134472144, 978-0134472140
