Question: Help Save & Exit Submit The following information has been taken from ABC Company for the year 2019 Sales revenues 300,000.- Opening inventory of finished
Help Save & Exit Submit The following information has been taken from ABC Company for the year 2019 Sales revenues 300,000.- Opening inventory of finished goods 70,000 - Closing inventory of finished goods 50,000 - Purchases 190,000 - Trade discount received 15,000 - Trade discount allowed 12,000 Purchases returns 15,000 - Sales returns 28,000 Cost of goods sold for the year ended December 31, 2019, is Muluple Choice $160,000 O $260,000 > $180,000
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