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Cost of Merchandise Sold Based on the following data, determine the cost of merchandise sold for November: Increase in estimated returns inventory $5,500 Merchandise inventory,
Cost of Merchandise Sold Based on the following data, determine the cost of merchandise sold for November: Increase in estimated returns inventory $5,500 Merchandise inventory, November 1 9,200 Merchandise inventory, November 30 17,700 Purchases 184,100 Purchases returns and allowances 6,300 Purchases discounts 3,700 Freight in 2,600 $
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