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give me the answers only please Assume that you have the following information's extracted from the Trial balance at 31.12.2019: Inventory $24.700 Sales $194,000 Sales
give me the answers only please
Assume that you have the following information's extracted from the Trial balance at 31.12.2019: Inventory $24.700 Sales $194,000 Sales return and $14,000 allowances Sales discount $13,000 Cost of goods purchased $93,000 Operating expenses $16,600 ssume that at the end of 2018 the company had $19,000 inventory on hand. Assume that the ending inventory of 2018 is overstated by 24005 Calculate the cost of goods sold Answer: Calculate the cost of ending inventory Answer: Calculate the gross profitStep by Step Solution
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