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The following data are for Murray Department Store. The account balances (in thousands) are for 2014. Requirements 1. Compute (a) the cost of goods purchased
The following data are for Murray Department Store. The account balances (in thousands) are for 2014. Requirements 1. Compute (a) the cost of goods purchased and (b) the cost of goods sold. 2. Prepare the income statement for 2014. Requirement 1. Compute (a) the cost of goods purchased and (b) the cost of goods sold. (a) Calculate the cost of goods purchased by completing the schedule. (Leave any unused cells blank.) Choose from any list or enter any number in the input fields and then click Check
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