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During 2021, Pride bought inventory for $112,000 and sold it to Strong for $140,000. Only half of the inventory purchase by Strong at year-end. As
During 2021, Pride bought inventory for $112,000 and sold it to Strong for $140,000. Only half of the inventory purchase by Strong at year-end. As of December 31, 2021, 60% of these goods remained in the company's possession. What is the total of consolidated cost of goods sold at December 31, 2021
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
