Based upon the following data, determine the cost of merchandise sold for April: Merchandise inventory, April 1
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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Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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