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Determine the amounts to be reported for cost of goods sold

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Reference no: EM131143841

1. Assume the same information as in BE5-10 and also that Alshare Company has beginning inventory of $60,000, ending inventory of $90,000, and net sales of $630,000. Determine the amounts to be reported for cost of goods sold and gross profit. 

Reference no: EM131143841

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