Question: regarding the given table, answer the following questions. Below are selective account balances of SAMA Company on December 31, 2019: Sales discount $ 40,000 Purchase

regarding the given table, answer the following questions.

Below are selective account balances of SAMA Company on December 31, 2019: Sales discount $ 40,000 Purchase R&A 18,000 Sales R&A 26,000 Freight in 28,000 Operating Expense 120,000 Sales 700,000 Interest Revenue 6.000 Loss from strike 4.200 Ending Inventory 238,000 Purchase 628.000 Purchase discount 38,000 Loss from sabotage 5,000 Gain from diposal of fixed assets 6.000 Beginning Inventory 118,000

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