Solution-What the poppy cost of goods sold for this year

What the poppy cost of goods sold for this year

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Reference no: EM132957877

- Poppy Co. uses a periodic inventory system. Beginning inventory on January 1 was understated by $31,200, and its ending inventory on December 31 was understated by $15,100. In addition, a purchase of merchandise costing $20,600 was incorrectly recorded as a $2,060 purchase. None of these errors were discovered until the next year. As a result, what the Poppy's cost of goods sold for this year?

Reference no: EM132957877

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What the poppy cost of goods sold for this year

Reference no: EM132957877

Reference no: EM132957877

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