Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 26 Jul 2017 My Price 4.00

Playa Company


Exercise 8-5 (E8-5) The Playa Company uses a periodic inventory system. The following information is taken from Playa's records. Certain data have been intentionally omitted. ($ in thousands)

2009 2010 2011
Beginning inventory ? ? 225
Cost of Goods sold 627 621 ?
Ending inventory ? 225 221
Cost of goods available for sale 876 ? 800
Purchases (gross) 630 ? 585
Purchase discounts 18 15 ?
Purchase return 24 30 14
Freight- in 13 32 16

Required
Determine the missing numbers. Show computations where appropriate.

Answers

Maurice Tutor
(5)
Status NEW Posted 26 Jul 2017 02:07 PM My Price 4.00

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