Question: Based upon the following data determine the cost of merchandise sold

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


View Solution:


Sale on SolutionInn
Sales0
Views181
Comments
  • CreatedJuly 17, 2012
  • Files Included
Post your question
5000