Question
Chesney Corporation reported the following information on December 31, 2011 Net Sales $300,000 Beg. Inventory $38,000 Ending inventory $32,000 COGS $130,000 Gross Profit Purchases a.
Chesney Corporation reported the following information on December 31, 2011
Net Sales $300,000 Beg. Inventory $38,000
Ending inventory $32,000 COGS $130,000
Gross Profit Purchases
a. $80,000 $136,000
b. $64,000 $92,000
c. $80,000 $116,000
d. $68,000 $80,000
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Accounting A Systems Approach
Authors: Alison Warman, Jeff Davies
1st Edition
1861520379, 978-1861520371
