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APRIL 1 APRIL 14 APRIL 21 APRIL 23 APRIL 28 Y 2 Company 2/10,n 13 WMS Company lio, n30 ABC Company 2/11, n 130 xy2
APRIL 1 APRIL 14 APRIL 21 APRIL 23 APRIL 28 Y 2 Company 2/10,n 13 WMS Company lio, n30 ABC Company 2/11, n 130 xy2 Company 2/1 n/30 WMS Company 270, n/30 JOOD 1100 180 1200 Sold merchandise with an invoice price of $6,000 and a cost of $4,500 to the 20) July 16 Taylor Co. 21) July 20 Taylor Co. returned merchandise in good condition with an invoice price of $1,000 and a cost of $800. 22) The value of inventory includes A) Purchases + Purchases Returns and Allowances. B) Purchases + Freight - Purchases Discount - Purchases Returns and Allowances. Durchases Returns and Allowances
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