question

Cost of goods purchased, cost of goods sold, and income statement The following dat Montgomery Retail Outlet Stores The account balances (in thousands) are for 2011. Compute (a) the cost of good purchased and (b) the cost of goods sold. Prepare the income statement for 2011. Compute (a) the cost of goods purchased and (b) the cost of goods sold. Prepare the income statement for 2011. Cost of goods purchased, cost of goods sold, and income statement The following dat Montgomery Retail Outlet Stores The account balances (in thousands) are for 2011. Compute (a) the cost of good purchased and (b) the cost of goods sold. Prepare the income statement for 2011. Compute (a) the cost of goods purchased and (b) the cost of goods sold. Prepare the income statement for 2011