subject
Business, 18.11.2020 17:10 raekwon12

Marigold Lake Corporation’s accounting records show the following at year-end December 31, 2017: Purchase Discounts

$5,960
Beginning Inventory

$33,550
Freight-In

8,710
Ending Inventory

28,600
Freight-Out

10,940
Purchase Returns and Allowances

3,810
Purchases

163,210

Assuming that Marigold Lake Corporation uses the periodic system, compute cost of goods purchased and cost of goods sold.

Cost of goods purchased

Cost of goods sold

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:00
Match each item to check for while reconciling a bank account with the document to which it relates. (there's not just one answer) 1. balancing account statement 2. balancing check register a. nsf fees b. deposits in transit c. interest earned d. bank errors
Answers: 3
question
Business, 22.06.2019 08:50
Comprehensive illustrative problem: mira's store on february 1 20a4 mica delaman opened astore that sells school supplies her main customer are the students and teachers of happy students school that is situated in front of her store. mira wanted to know the financial position of mira's store. mira knew you were studying accounting. so she asked for . 1. to start her business mira's opened a checking account in the name of mira's store . the statement of account from the bank shows that the checking account has a balance of 31,535 of december 31,20a4
Answers: 2
question
Business, 22.06.2019 11:30
When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is
Answers: 2
question
Business, 22.06.2019 16:00
Three pounds of material a are required for each unit produced. the company has a policy of maintaining a stock of material a on hand at the end of each quarter equal to 30% of the next quarter's production needs for material a. a total of 35,000 pounds of material a are on hand to start the year. budgeted purchases of material a for the second quarter would be:
Answers: 1
You know the right answer?
Marigold Lake Corporation’s accounting records show the following at year-end December 31, 2017: Pu...
Questions
question
Mathematics, 15.07.2020 01:01
question
Mathematics, 15.07.2020 01:01
question
Mathematics, 15.07.2020 01:01
question
Mathematics, 15.07.2020 01:01