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D Merchandise Inventory March 1 $44,500 Merchandise Inventory March 31 58,700 Purchases during March 415,000 Freight In 7,500 Delivery Expense 10,500 Selling Wages 19,000

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D Merchandise Inventory March 1 $44,500 Merchandise Inventory March 31 58,700 Purchases during March 415,000 Freight In 7,500 Delivery Expense 10,500 Selling Wages 19,000 Purchases Returns & Allowances 15,450 Purchases Discounts 3,750 Goods Available for Sale Cost of Goods Sold

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