Based upon the following data, determine the cost of merchandise sold for April: Merchandise inventory, April 1

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Based upon the following data, determine the cost of merchandise sold for April:

Merchandise inventory, April 1 .......$128,120

Merchandise inventory, April 30 ........ 140,500

Purchases ................. 983,400

Purchases returns and allowances ....... 10,250

Purchases discounts ............. 8,000

Transportation in ............... 5,680

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Accounting

ISBN: 978-0324401844

22nd Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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Question Posted: Jul 17, 2012 01:47 AM

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Based upon the following data, determine the cost of merchandise sold for April: Merchandise inventory, April 1

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Cost of merchandise sold Merchandise inventory April 1 128120 ...View the full answer

Accounting

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