Solution-Determine the dollar amount of the cost of goods

Determine the dollar amount of the cost of goods sold

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Reference no: EM133102287

Question - Baltimore Company's January 1, 2020 finished goods inventory was $105,000. The January 1, 2021 finished goods inventory is $110,000. Cost of goods purchased for resale FY 2020 was $290,000. Use this information to determine the dollar amount of the FY 2020 cost of goods sold. Use whole numbers (no cents).

Reference no: EM133102287

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Determine the dollar amount of the cost of goods sold

Reference no: EM133102287

Reference no: EM133102287

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