Accounting Problem about Ending Inventory, Purchases, Accounts Payable, act.
This is an accounting problem has three required parts:
1.Determine the correct amounts for 2013 ending inventory, purchases, accounts payable, sales revenue, and accounts receivable.
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2. Calculate cost of goods sold for 2013.
3. What was the effect of the error in ending inventory on 2012 before-tax income?
You should fill the blanks and also show the calculating processing for me.
Download the document (CH8&9.docx) and make sure you have confidence to do those correctly, or I will ask for refund.
