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Cost of Goods Sold Beginning Inventory Add: Purchases $25,500 Less: Purchase Discounts Purchase Returns and Allowances $500 Net Purchases $25,000 Freight-in $2,500 Cost of
Cost of Goods Sold Beginning Inventory Add: Purchases $25,500 Less: Purchase Discounts Purchase Returns and Allowances $500 Net Purchases $25,000 Freight-in $2,500 Cost of Goods Purchased Goods Available for Sale Less: Ending Inventory Total Cost of Goods Sold $40,500
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Managerial Accounting A Focus on Ethical Decision Making
Authors: Steve Jackson, Roby Sawyers, Greg Jenkins
5th edition
324663854, 978-0324663853
