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Bill Rose owns Rose Sporting Goods. At the beginning of the year. Rose Sporting Goods had $2.400 in inventory. During the year. Rose Sporting Goods
Bill Rose owns Rose Sporting Goods. At the beginning of the year. Rose Sporting Goods had $2.400 in inventory. During the year. Rose Sporting Goods purchased inventory that cost $13,000. At the end of the year, inventory on hand amounted to $3,600 Required Caiculate the following: - Cost of goods avalable for sale during the year. b. Cost of goods sold for the year c. Amount of inventory would Rose Sporting Goods report on the year-end balance sheet
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