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Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381 Exercise 22
Periodic Inventory System-Working Backward through the COGS Section
Yang Min Inc.s a retailer of contemporary furniture.ou are told that Yang Min's ending inventory is $200,000 and its cost of goods sold is $500,000.ang Min had $100,000 of inventory at the beginning of the year.hat was the dollar amount of goods purchased by Yang Min during the year
Yang Min Inc.s a retailer of contemporary furniture.ou are told that Yang Min's ending inventory is $200,000 and its cost of goods sold is $500,000.ang Min had $100,000 of inventory at the beginning of the year.hat was the dollar amount of goods purchased by Yang Min during the year
Explanation
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Verified
Use the following formula to solve:
Beg...
Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
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