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Based on the following data, determine the cost of merchandise sold for November: Merchandise inventory, November 1 $28,140 Merchandise inventory, November 30 29,630 Purchases 430,890
Based on the following data, determine the cost of merchandise sold for November:
Merchandise inventory, November 1 | $28,140 |
Merchandise inventory, November 30 | 29,630 |
Purchases | 430,890 |
Purchases returns and allowances | 15,830 |
Purchases discounts | 8,270 |
Freight in | 7,480 |
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