GACG1051 - Accounting It Winter 2021 (Part 1) Rj Osmon A 01/14/21 5:31 PM Homework: Chapter 6 -LO 4 Save Score: 0 of 5 pts 1 of 3 (0 come HW Score: 0%, 0 of 30 pts Try-It 6-9 (similar to) Question Help The Hobby Shop, a cut store, a periodo inventory system. The inventory data for the year anded December 31, 2000, are as follows Click the loon to view the inventory data) Required Support covered after the year and that $1.000 of crust supplies had tried up in their packages and should have been destroyed before year-end. These we had been counted and recorded ending inventory. What is effects theme odlotow wpplies have on the courting Information som? b. What numerical facts with short ople have on the counting formation for the following year Requirement Support was discovered her the year and that $1.000 of cruft supplies had tried their page and uld have been destroyed before year and These supplies had been counted and econds anding motory What melalets did these site craft supplies have on the counting formation above? Tedenom efect the mor had on the accounting information, complete the following able Demeure biance is correct, verted or understated. Then calate what the balance should be when the counts are updated of an aunt is correct, be sure to enter the correct amount in the lance should be column) Dance $ 72.000 correct 54432 Could sol Beginning intory Neph Cast of data for sale 23.000 59.000 GOOG 82.000 understated 30.000 Choose from any lutorante any number in the input fields and then click Check 1 mang CA Final Check Sales revenue $ 72,000 Cost of goods sold: Beginning inventory el 23,000 59,000 Net purchases Cost of goods available for sale S 82,000 30,000 Less: Ending inventory Cost of goods sold 52,000 Gross margin $ 20,000 Print Done GACG1051 - Accounting It Winter 2021 (Part 1) Rj Osmon A 01/14/21 5:31 PM Homework: Chapter 6 -LO 4 Save Score: 0 of 5 pts 1 of 3 (0 come HW Score: 0%, 0 of 30 pts Try-It 6-9 (similar to) Question Help The Hobby Shop, a cut store, a periodo inventory system. The inventory data for the year anded December 31, 2000, are as follows Click the loon to view the inventory data) Required Support covered after the year and that $1.000 of crust supplies had tried up in their packages and should have been destroyed before year-end. These we had been counted and recorded ending inventory. What is effects theme odlotow wpplies have on the courting Information som? b. What numerical facts with short ople have on the counting formation for the following year Requirement Support was discovered her the year and that $1.000 of cruft supplies had tried their page and uld have been destroyed before year and These supplies had been counted and econds anding motory What melalets did these site craft supplies have on the counting formation above? Tedenom efect the mor had on the accounting information, complete the following able Demeure biance is correct, verted or understated. Then calate what the balance should be when the counts are updated of an aunt is correct, be sure to enter the correct amount in the lance should be column) Dance $ 72.000 correct 54432 Could sol Beginning intory Neph Cast of data for sale 23.000 59.000 GOOG 82.000 understated 30.000 Choose from any lutorante any number in the input fields and then click Check 1 mang CA Final Check Sales revenue $ 72,000 Cost of goods sold: Beginning inventory el 23,000 59,000 Net purchases Cost of goods available for sale S 82,000 30,000 Less: Ending inventory Cost of goods sold 52,000 Gross margin $ 20,000 Print Done