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Cost of merchandise sold to customers Merchandise inventory, beginning-of-year Merchandise purchases, gross amount Shrinkage on inventory as of year-end Transportation-in for merchandise purchases The

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Cost of merchandise sold to customers Merchandise inventory, beginning-of-year Merchandise purchases, gross amount Shrinkage on inventory as of year-end Transportation-in for merchandise purchases The following summarizes Tesla's merchandising activities for the year. $ 236,000 34,267 241,947 820 2,419 Cost of merchandise returned by customers (and restored to inventory) Discounts received from suppliers on merchandise purchases Returns to and allowances from suppliers on merchandise purchases 2,400 1,936 4,300 Enter the summarized activities in the two T-accounts below. Complete this question by entering your answers in the tabs below. Merchandise Cost of Goods Inventory Sold Enter the summarized activities in the T-account below. Merchandise Inventory 0 Balance, beginning-of-year Balance, end-of-year Cost of merchandise sold Discounts received on merchandise Merchandise purchases Returns and allowances on merchandise Returns by customers Shrinkage as of year-end Transportation-in merchandise Merchandise Cost of Goods Inventory Sold Enter the summarized activities in the T-account below. Cost of Goods Sold 0 < Merchandise Inventory Cost of Goods Sold

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