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Jill s Dress Shop had a beginning balance in its inventory account of $ 5 2 , 5 0 0 . During the accounting period,

Jill
s Dress Shop had a beginning balance in its inventory account of $
5
2
,
5
0
0
.
During the accounting period, Jill
s purchased $
1
1
2
,
5
0
0
of inventory, returned $
7
,
5
0
0
of inventory, and obtained $
1
,
0
0
0
of purchases discounts. Jill
s incurred $
1
,
5
0
0
of transportation
-
in cost and $
8
5
0
of transportation
-
out cost. Salaries of sales personnel amounted to $
4
3
,
5
0
0
.
Administrative expenses amounted to $
4
8
,
1
0
0
.
Cost of goods sold amounted to $
1
0
7
,
3
0
0
.
Ken
s Bait Shop had a beginning balance in its inventory account of $
1
3
,
0
0
0
.
During the accounting period, Ken
s purchased $
5
6
,
9
0
0
of inventory, obtained $
1
,
7
0
0
of purchases allowances, and received $
6
1
0
of purchases discounts. Sales discounts amounted to $
8
9
0
.
Ken
s incurred $
1
,
4
0
0
of transportation
-
in cost and $
5
1
0
of transportation
-
out cost. Selling and administrative cost amounted to $
1
4
,
8
0
0
.
Cost of goods sold amounted to $
3
8
,
9
0
0
.
What are the COGs and Ending Inventory for each?
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