question archive Mana Carpocalceollection of purch
Subject:AccountingPrice: Bought3
Mana Carpocalceollection of purch. The book valoa vai Thea's net ses were equal. The compasseport the 2019 2020 During 2019. one company sold inventory to the che company for $90,000 for 540,000As of best of 2019.30 of the entry was sold. In 2020, the remaining intory was reedstade the code 2019 Selected Data Manama Sales Revenue S600.000 53301000 Cost of Goods Sold 320,000 155.000 Other Expenses 100.000 89.000 Net Income $180.000 $75.000 Dividends Pard 19.000 2030 Selected Data Manama Sales Revenue SC000 5625.000 Cost of Goods Sold 300.000 10000 Other Expenses 130.000 171.000 Net Income $150.000 $94000 Dividends Paid 16.00 5.000 If the sale refered to above was a downstream make the sales en soported in the credited income tant for 2019 would be 5680.000 500.000 5550.000 50.000