Michael uses its periodic inventory system and the following information is available: Sales $ 62,800 Beginning Inventory
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Question:
Michael uses its periodic inventory system and the following information is available:
Sales $ 62,800
Beginning Inventory 10,100
Ending Inventory 8,200
Purchases 49,800
What is the cost of goods sold?
Related Book For
Financial Accounting
ISBN: 978-0134564142
6th Canadian edition
Authors: Walter Jr. Harrison, Charles T. Horngren, C. William Thomas, Greg Berberich, Catherine Seguin
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