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With awareness of this: Beginning inventory+ purchase = goods available for sale goods available for sale - ending inventory = cost of goods sold For
With awareness of this: Beginning inventory+ purchase = goods available for sale goods available for sale - ending inventory = cost of goods sold For each of the following, determine the missing amounts Beginning Purchases goods inventory cost of goods ending sold available for sale 1. $10,000 ? $ 45,000 $25,000 2.? $220,000 $265,000 ? inventory ? $40,000
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