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Business, 12.02.2020 03:13 joThompson

Audio Corporation purchased $20,000 of DVDs during the current year. The company had DVD inventory of $15,000 at the beginning of the year. An end of the year audit revealed that the company had DVD inventory of $10,000. What amount would be reported as cost of goods sold in the income statement for the current year.

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Audio Corporation purchased $20,000 of DVDs during the current year. The company had DVD inventory o...
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