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A corporation compiled the information given below for their auditor. The corporation uses a periodic inventory system. 2019 2020 Purchases $240 $160 Goods out on
A corporation compiled the information given below for their auditor. The corporation uses a periodic inventory system. 2019 2020 Purchases $240 $160 Goods out on consignment 80 Beginning inventory 900 ? Ending inventory I? Physical inventory count Unavailable 240 Cost of goods sold 360 ? What was the amount of cost of goods sold for 2020
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