Question: I need a solution for this assignment Chapter 6 homework 0.75 mark each 1. AXA Company had cost of goods sold of S146,000. The beginning
Chapter 6 homework 0.75 mark each 1. AXA Company had cost of goods sold of S146,000. The beginning and ending inventories were $17,000 and $25,000, respectively. What is the amount of Purchases for the period? (Show calculation) 2. On Jan 25 a payment of 35,000 was made for merchandises purchased on Jan 1. FOB destination 2/10, 1730. There is also a cash payment of 759 for freight by one of the parties Journalize the transaction
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