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Beginning Inventory Add: Purchases Less: Purchase Discounts Purchase Returns and Allowances Net Purchases Freight-in Cost of Goods Purchased Goods Available for Sale Less: Ending Inventory
Beginning Inventory Add: Purchases Less: Purchase Discounts Purchase Returns and Allowances Net Purchases Freight-in Cost of Goods Purchased Goods Available for Sale Less: Ending Inventory Total Cost of Goods Sold $5,200 $675 $11,000 II $5,125 $2,000 $7,125 $26,700 $33,825 $13,000 Based on the portion of an expanded income statement above, the Total Cost of Goods Sold is Type here to search
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