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George's Department Store George's Department Store is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: $200,000 90,000 23,000
George's Department Store George's Department Store is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: $200,000 90,000 23,000 17,000 Sales Purchases Inventory (beginning) Inventory (ending) Purchase returns and allowances Purchase discounts Transportation-in Sales discounts Sales retums and allowances 3,000 7,000 4,000 8,000 5,000 Refer to the account information for George's Department Store. Calculate net sales. Oa. 5192,000 Ob. 5200,000 Oc. $195,000 Od. $187.000
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