Question: Match each activity to how it relates to a table summarizing merchandise inventory purchases and sales. Sale of merchandise Purchase of merchandise Calculation of cost

Match each activity to how it relates to a table summarizing merchandise inventory purchases and sales.
Sale of merchandise
Purchase of merchandise
Calculation of cost of goods sold
Results in the addition of one or more rows, each of which is populated in the Sales section
Results in the addition of a new inventory row that is populated in the Merchandise Inventory Balance section
Results from the addition of all amounts in the Total column of the Sales section

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