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Appendix 3 EX 6-48. Cost of Merchandise Sold Based on the following data, determine the cost of merchandise sold for July: Merchandise inventory, July
Appendix 3 EX 6-48. Cost of Merchandise Sold Based on the following data, determine the cost of merchandise sold for July: Merchandise inventory, July 1 $ 190,850 Purchases Merchandise inventory, July 31 Purchases returns and allowances 46,000 195,350 1,126,000 Purchases discounts Freight in 23,000 17,500
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