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The Playa Company uses a periodic inventory system. The following information is taken from Playa's records. Certain data have been intentionally omitted. ($ in thousands)

Required:
Determine the missing numbers. (Enter your answers in thousands.)

2011 2012 2013
Beginning inventory _____ _____ 225
Cost of goods sold 627 621 _____
Ending inventory _____ 225 216
Cost of goods available for sale 876 _____ 800
Purchases (gross) 630 _____ 585
Purchase discounts 18 15 _____
Purchase returns 24 30 14
Freight-in 13 32 16

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9983254

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