Question
Dave's Duds reported cost of goods sold of $2,000,000 this year. The inventory account increased by $200,000 during the year to an ending balance of
Dave's Duds reported cost of goods sold of $2,000,000 this year. The inventory account increased by $200,000 during the year to an ending balance of $400,000.
What was the cost of merchandise that Dave's purchased during the year?
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Federal Taxation 2021 Corporations, Partnerships, Estates & Trusts
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0135919460, 978-0135919460
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