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May someone please help me and show how you got it
E 14-7A (LO3) Beg. in.: $60,500 DETERMINING THE BEGINNING AND ENDING INVENTORY FROM A PARTIAL SPREADSHEET PERIODIC INVENTORY SYSTEM From the following partial spread sheet, indicate the dollar amount of beginning and ending merchandise inventory to be used to compute cost of goods sold. ACCOUNT 1 2 3 4 Merchandise Inventory Estimated Returns Inventory Supplies Prestal insurance omer Refunds Payable name Summary 8 ARTIS DI CREO 60,000.00 55.000.00 6,000.00 5.500.00 4700.00 160000 2.200.00 5.000.00 61,000.00 5,500.00 6.000.00 D MOUSTOTILINI DENT UD 60,000.00 6,000.00 3.300.00 3.800.00 7,200.00 55.000.00 0.000.00 5.500.00 6.00000 $25,140.00 16.700.00 0 7 10 11 12 Sale Sales Returns and Allowances 2,200.00 #
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