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Brief Exercise 5-13 Assume that Bramble Corpuses a periodice inventory system and has these account balances: Purchases $451,600; Purchase Returns and Allowances $14,600; Purchase Discounts

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Brief Exercise 5-13 Assume that Bramble Corpuses a periodice inventory system and has these account balances: Purchases $451,600; Purchase Returns and Allowances $14,600; Purchase Discounts $9,500; and Freight-in $1,500. Bramble Corp. has beginning inventory of $60,200, ending inventory of $98,500, and net sales of $747,600. Determine the amounts to be reported for cost of goods sold and gross pront. Cost of goods sold Gross profit Click If you would like to Show Work for this question: Open Show Work Brief Exercise 5-13 Assume that Bramble Corpuses a periodice inventory system and has these account balances: Purchases $451,600; Purchase Returns and Allowances $14,600; Purchase Discounts $9,500; and Freight-in $1,500. Bramble Corp. has beginning inventory of $60,200, ending inventory of $98,500, and net sales of $747,600. Determine the amounts to be reported for cost of goods sold and gross pront. Cost of goods sold Gross profit Click If you would like to Show Work for this question: Open Show Work

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