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Baghdad Enterprises, a manufacturing company, provides the following information for the year ended December 31, 2023: Beginning Inventory: IQD 50,000,000 Purchases: IQD 120,000,000 Ending Inventory:
Baghdad Enterprises, a manufacturing company, provides the following information for the year ended December 31, 2023:
- Beginning Inventory: IQD 50,000,000
- Purchases: IQD 120,000,000
- Ending Inventory: IQD 30,000,000 Calculate the Cost of Goods Sold (COGS) for Baghdad Enterprises for the year 2023.
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
12th edition
132552620, 978-0132552622
