The trial balance of J. Harlow Company at the end of its fiscal year. August 31. 2006.
Question:
The trial balance of J. Harlow Company at the end of its fiscal year. August 31. 2006.
includes these accounts: Merchandise Inventory $17,200: Purchases $144,000: Sales $190,000;
Freight-in $4,000: Sales Returns and Allowances $3,000: Freight-out $1,000: and Purchase Returns and Allowances $2,000. The ending merchandise inventory is $25,000.
Instructions Prepare a cost of goods sold section for the year ending August 31 (periodic inventory).
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Related Book For 
Financial Accounting Text Only
ISBN: 9780006575405
5th Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
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