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4). Solve the chart and explain how you found the answers. (3 marks) July Cost Retail Beginning inventory.. Goods purchased. 550,000 1,000,000 Sale goods Less:
4). Solve the chart and explain how you found the answers. (3 marks)
July | ||||||||
Cost | Retail | |||||||
Beginning inventory.. | ||||||||
Goods purchased. | 550,000 | 1,000,000 | ||||||
Sale goods | ||||||||
Less: Net sales at retail | 720000 | |||||||
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