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Following information is available at the end of December 2018 of Faisal Traders. Calculate Cost of Goods Sold. Account Title Amount OMR Account Title Amount

Following information is available at the end of December 2018 of Faisal Traders. Calculate Cost of Goods Sold. Account Title Amount OMR Account Title Amount OMR Merchandise Inventory (31.12.2019) 10,000 Purchases 24,000 Sales 68,000 Sales Returns 400

Merchandise Inventory (1.1.2019) 8,000 Transportation on purchases 500 Purchases Returns 700

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