The accountant for Leslie Company made the following errors related to merchandise inventory in 2010: 1. The beginming inventory for 2010 was overstated by $ \$ 750 $ due to an error in the physical count.
2. A $ \$ 1,300 $ purchase of merchandise on credit was not recorded of induded in the ending inventony.
Assuming a periodic inventory system, Leslie Company's 2010 cost of goods sold will be

Question

The accountant for Leslie Company made the following errors related to merchandise inventory in 2010: 1. The beginming inventory for 2010 was overstated by $ \$ 750 $ due to an error in the physical count. 
2. A $ \$ 1,300 $ purchase of merchandise on credit was not recorded of induded in the ending inventony.
 Assuming a periodic inventory system, Leslie Company's 2010 cost of goods sold will be

Quizplus · Accepted Answer

The Answer of The accountant for Leslie Company made the following errors related to merchandise inventory in 2010: 1. The beginming inventory for 2010 was overstated by $ \$ 750 $ due to an error in the physical count. 
2. A $ \$ 1,300 $ purchase of merchandise on credit was not recorded of induded in the ending inventony.
 Assuming a periodic inventory system, Leslie Company's 2010 cost of goods sold will be

The Accountant for Leslie Company Made the Following Errors Related $750 \$ 750 $750

The Accountant for Leslie Company Made the Following Errors Related $\$ 750$