The accountant for Soybean Products gathered the following information from the accounting records for the year ended December 31,2017:
*Relates solely to the purchase of inventory
Calculate the following:
a.Sales
b.Cost of goods sold
c.Salary expense
d.Insurance expense
Definitions:
Almanacs
Almanacs are annual publications that include information like weather forecasts, farmers' planting dates, tide tables, and other statistical data and articles.
Government Publications
Documents and materials published by local, state, or national governments to inform the public or document activities.
Business Books
Publications that provide insights, strategies, and advice on a wide range of business-related topics, helping professionals and entrepreneurs succeed.
Online Databases
Web-based repositories of structured information or data, accessible for searching, viewing, and downloading.
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