-Thank you! Exercise 5-11 Your answer is partially correct. Try again Below is a

Question

-Thank you!

Exercise 5-11 Your answer is partially correct. Try again Below is a series of cost of goods sold sections for companies A, L, N, and R. Fill in the lettered blanks to complete the cost of goods sold sections 337 2,022 108 162 1,456 1253 (d) 1,402 Beginning inventory 944 1443 Purchases 58,759 55281 (9) Purchase returns and allowances 391 1752 (k) 57,007 3,020 Net purchases Freight-in Cost of goods purchased Co 9,989 45616 (a) 175 1,658 10,851 st of goods available for sale 2,426 1,820 62520 i) 66,766 Ending inventory 418 1,550 8,398 6430 (f)

Explanation / Answer

a. 2022-108 = 1914

b. 1914+175 = 2089

c. 2426-418 = 2008

d. 1456-1402 = 54

e. 1658-1402 = 256

f. 1820-1658 = 162

g. 9989+391 = 10380

h. 10851-9989 = 862

i. 10245+1550 = 11795

j. 66766-60027 = 6739

k. 1752

l. 57007+3020 = 60027

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