subject
Business, 10.03.2020 04:47 wcraig1998

Blossom Enterprises reported cost of goods sold for 2020 of $1,517,400 and retained earnings of $5,576,300 at December 31, 2020. Blossom later discovered that its ending inventories at December 31, 2019 and 2020, were overstated by $105,590 and $36,540, respectively. Determine the corrected amounts for 2020 cost of goods sold and December 31, 2020, retained earnings.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 12:00
Simon, aged 10, is invited to a classmate's birthday party at an exclusive ski resort on march 15th. the day will include 4 hours of snowboarding, lunch and birthday cake. simon's mother checks a box on the invitation that says "yes, we will attend" and returns it to the classmate's address. unfortunately, they later don't attend the party when simon comes down with the flu. on march 17th, simon's mother receives an invoice in the mail from simon's classmate for $35 that says, "party no-show fee." can simon's classmate collect the fee?
Answers: 3
question
Business, 22.06.2019 19:50
On july 7, you purchased 500 shares of wagoneer, inc. stock for $21 a share. on august 1, you sold 200 shares of this stock for $28 a share. you sold an additional 100 shares on august 17 at a price of $25 a share. the company declared a $0.95 per share dividend on august 4 to holders of record as of wednesday, august 15. this dividend is payable on september 1. how much dividend income will you receive on september 1 as a result of your ownership of wagoneer stock
Answers: 1
question
Business, 23.06.2019 00:00
Both renewable and nonrenewable resources are used within our society. how do the uses of nonrenewable resources compare to the uses of renewable resources?
Answers: 1
question
Business, 23.06.2019 08:20
As task uncertainty and interdependence increase, are a more effective coordination mechanism than
Answers: 3
You know the right answer?
Blossom Enterprises reported cost of goods sold for 2020 of $1,517,400 and retained earnings of $5,5...
Questions
question
Mathematics, 25.11.2021 14:00
question
Mathematics, 25.11.2021 14:00
Questions on the website: 13722363