Question

Based upon the following data, determine the cost of merchandise sold for April:
Merchandise inventory, April 1 ....... $128,120
Merchandise inventory, April 30 ........ 140,500
Purchases ................. 983,400
Purchases returns and allowances ....... 10,250
Purchases discounts ............. 8,000
Transportation in ............... 5,680



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  • CreatedJuly 17, 2012
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