Complete the Cost of Goods Sold section for the income statements of the following five companies

Complete the Cost of Goods Sold section for the income statements of the following five companies: Able

Company Baker

Company Carter

Company Delmont

Company Eureka

Company

Beginning inventory

16,000

24,800

_______

_______

$19,200

Purchases

26,500

_______

$43,000

89,500

_______

Purchase returns

_______

1,000

1,800

200

2,200

Cost of goods available for sale.

42,100

_______

58,300

_______

81,500

Ending inventory.

_______

22,200

15,200

$28,800

_______

Cost of goods sold

33,400

67,200

_______

$93,400

$68,400

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