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Current Attempt in Progress The trial balance of Cullumber Company at the end of its fiscal year, August 31,2022 , includes these accounts: Inventory $26,000;
Current Attempt in Progress The trial balance of Cullumber Company at the end of its fiscal year, August 31,2022 , includes these accounts: Inventory $26,000; Purchases $158,000; Sales Revenue $185,000; Freight-In $8,800; Sales Returns and Allowances $4,400; Freight-Out $1,600; and Purchases Returns and Allowances $7,000. The ending inventory is $20,000. Prepare a cost of goods sold section for the year ending August 31. CULLUMBER COMPANY Income Statement (Cost of Goods Sold section - Periodic system) $ $ Sovefor Later Attempts; 0 of 1 used Submit
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