Question
Financial statements of ABC Corp, indicates that ending inventory levels in 20X3 and 20X4 were $200,000 and $350,000 respectively. Cost of goods sold for 20X#
Financial statements of ABC Corp, indicates that ending inventory levels in 20X3 and 20X4 were $200,000 and $350,000 respectively. Cost of goods sold for 20X# and 20X4 were $1,900,000 and $2,200,000 respectively.
Compute purchases for 20X4
(I need calculation procedures, thank you)
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Financial Accounting A User Perspective
Authors: Robert E. Hoskin, Maureen R. Fizzell, Donald C. Cherry
4th Canadian Edition
0470834455, 978-0470834459
