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4 The following summarizes Tesla's merchandising activities for the year. Cost of merchandise sold to customers Merchandise inventory, beginning-of-year Merchandise purchases, gross amount $
4 The following summarizes Tesla's merchandising activities for the year. Cost of merchandise sold to customers Merchandise inventory, beginning-of-year Merchandise purchases, gross amount $ 254,000 36,881 260,401 Shrinkage on inventory as of year-end 780 Transportation-in for merchandise purchases 2,604 Skipped Cost of merchandise returned by customers (and restored to inventory) Discounts received from suppliers on merchandise purchases Returns to and allowances from suppliers on merchandise purchases 2,000 2,083 4,300 Enter the summarized activities in the two T-accounts below. eBook Complete this question by entering your answers in the tabs below. Merchandise Cost of Goods Inventory Sold Enter the summarized activities in the T-account below. Merchandise Inventory 0 < Merchandise Inventory Cost of Goods Sold >
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