Based on the following data, determine the cost of merchandise sold for November: Merchandise Inventory, November ............

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Based on the following data, determine the cost of merchandise sold for November:


Merchandise Inventory, November ............ $ 28.000
Merchandise inventory, November .......... 30 46,000
Purchases ........................................................ 475,000
Purchases returns and allowances ................ 15,000
Purchases discounts .......................................... 9.000
Freight In ............................................................. 7.000

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Accounting

ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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