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Can you help me with this accounting problem please! Use the following information to prepare the cost of goods sold section of the income statement
Can you help me with this accounting problem please!
Use the following information to prepare the cost of goods sold section of the income statement for Beth's Jewels. Beginning merchandise inventory $41,000 Ending merchandise inventory 34,000 Purchases Purchases returns and allowances4,700 Purchases discounts Freight-in 52,000 1,300 900 Beth's Jewels Cost of Goods Sold Cost of goods sold: Cost of goods soldStep by Step Solution
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