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Exercise 5-13 The trial balance of Pharoah Company at the end of its fiscal year, August 31, 2022, Includes these accounts: Beginning Inventory $18,790; Purchases

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Exercise 5-13 The trial balance of Pharoah Company at the end of its fiscal year, August 31, 2022, Includes these accounts: Beginning Inventory $18,790; Purchases $226,730; Sales Revenue $ 197,300; Freight-In $9,720; Sales Returns and Allowances $4,390; Freight-Out $3,790; and Purchase Returns and Allowances $5,550. The ending inventory is $23,500. Prepare a cost of goods sold section (periodic system) for the year ending August 31, 2022. Pharoah Company Income Statement $ . $ Click if you would like to Show Work for this question: Open Show Work

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