ACC281.Week1.Individualhmwk - 1230 7490 43300 A) 1600 - 40...

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B F L R Beginning Inventory 150 70 1000 Purchases 1600 1080 H) 1730 43590 Purchase returns and allowances 40 E) 250 290 K) 2500 Net Purchases A) 1560 1030 6210 41090 Freight In 110 F) 120 I) 8940 2240 Cost of goods purchased B) 1670 1280 7940 L) 43330 Cost of goods available for sale 1820 1350 J) 6200 49530 Ending inventory 310 G) 6500 1450 6230 Cost of goods sold C) 1510
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Unformatted text preview: 1230 7490 43300 A) 1600 - 40 = 1560 B) 1560 + 110 = 1670 C) 1820 - 310 = 1510 D) 1080 - 1030 = 50 E) 1280 - 1030 = 250 F) 1350 - 1230 = 120 G)6210 + 290 = 6500 H) 7940 - 6210 = 1730 I) 1000 + 7940 = 8940 J) 49530 - 43330 = 6200 K) 43590 - 41090 = 2500 L) 41090 + 2240 = 43330...
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This note was uploaded on 01/01/2012 for the course ACCOUNTING Intermedia taught by Professor Varied during the Spring '11 term at University of Science and Arts of Oklahoma.

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