Based on the following data, determine the cost of goods sold for March: Inventory, March 1 ............
Question:
Inventory, March 1 ............ $100,000
Inventory, March 31 ........... 90,000
Purchases ............... 800,000
Purchases returns and allowances ....... 15,000
Purchases discounts ........... 12,000
Freight In ................ 8,000
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Related Book For
Accounting
ISBN: 978-0176509743
Volume 1, 2nd canadian Edition
Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,
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