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Inventory (beginning) Inventory (ending) Purchases Purchase returns Lewis $ 26,000 20,000 291,600 17,000 Clark $ 52,000 62,000 254,400 62,000 Exercise 6-15A Part 1 Required: 1.
Inventory (beginning) Inventory (ending) Purchases Purchase returns Lewis $ 26,000 20,000 291,600 17,000 Clark $ 52,000 62,000 254,400 62,000 Exercise 6-15A Part 1 Required: 1. Calculate cost of goods sold for each company. Lewis Clark Beginning inventory Cost of goods available for sale Cost of goods sold
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