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E6-11 - E6-11 Your answer is correct Lebo Hardware reported...

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E6-11 Your answer is correct. Lebo Hardware reported the cost of goods sold as follows: 2008 2009 Beginning Inventory $20,000 $30,000 Cost of goods purchased 150,000 175,000 Cost of goods available for sale 170,000 205,000 Ending inventory 30,000 35,000 Cost of goods sold $140,000 $170,000
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