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A company's accounting records show the following account balances: Beginning inventory Ending inventory Freight-In Freight-Out $23,300 $28,800 $9,200 $7,400 Purchases $350,010 Purchase Discounts $6,500 Purchase
A company's accounting records show the following account balances: Beginning inventory Ending inventory Freight-In Freight-Out $23,300 $28,800 $9,200 $7,400 Purchases $350,010 Purchase Discounts $6,500 Purchase Returns and Allowances $4,600 Using the periodic inventory system, cost of goods sold is O $358,210. O $345,410. O $342,610. O $335,210. O $338,010
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