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Suzuki has a beginning finished goods inventory of $1,800,000 and an ending finished goods inventory of $2,500,000. During the period, the cost of goods manufactured
Suzuki has a beginning finished goods inventory of $1,800,000 and an ending finished goods inventory of $2,500,000. During the period, the cost of goods manufactured is $35,000,000. Calculate the cost of goods sold for Suzuki. Prepare the balance sheet after the formation of the partnership.
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