Types of Liabilities Video Lessons

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Problem: The following selected account balances were taken from Buckeye Company's general ledger at January 1, 2005 and December 31, 2005: Calculate the amount of  cost of goods sold reported in Buckeye Company's 2005 income statement.

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The following selected account balances were taken from Buckeye Company's general ledger at January 1, 2005 and December 31, 2005:

Calculate the amount of  cost of goods sold reported in Buckeye Company's 2005 income statement.

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