X Company began the accounting period with $60,000 of merchandise, and net cost of purchases was $240,000.
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X Company began the accounting period with $60,000 of merchandise, and net cost of purchases was
$240,000. A physical inventory showed $72,000 of merchandise unsold at the end of the period. The cost of goods sold of Y Company for the period is: pg85
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Related Book For 
Accounting A Business Perspective
ISBN: 9780075615859
7th Edition
Authors: Roger H. Hermanson, James Don Edwards, Michael W. Maher
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