Business, 13.11.2019 05:31 justachelseafan

He following information was taken from the records of tinker enterprises: 2019 2018 beginning inventory $60,000 $50,000 cost of goods purchased 420,000 400,000 cost of goods available for sale 480,000 450,000 ending inventory 55,000 60,000 cost of goods sold $425,000 $390,000 the following two errors were made in the physical inventory counts: 1. 2018 ending inventory was understated by $8,000. 2. 2019 ending inventory was overstated by $4,000. compute the correct cost of goods sold for both 2018 and 2019.

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He following information was taken from the records of tinker enterprises: 2019 2018 beginning inve...

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