question archive Boles Hardware reported cost of goods sold as follows
Boles Hardware reported cost of goods sold as follows
Subject:AccountingPrice: Bought3
Boles Hardware reported cost of goods sold as follows. Boles made two errors: 1. 2009 ending inventory was overstated by $6,000. 2. 2010 ending inventory was understated by $3,000. Instructions Compute the correct cost of goods sold for eachyear.
