hi need some help on accounting urgently, thanks. pls provide full correct and accurate solutions please. For
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hi need some help on accounting urgently, thanks.
pls provide full correct and accurate solutions please.
For the financial year ending 30 June 2019 year, the following data were taken from the accounting records.
$
Sales900,000
Freight-out3,600
Sales returns and allowances30,000
Purchases500,000
Selling expenses4,975
Purchase returns and allowances6,000
Depreciation expense8,025
Inventory at 1/7/1890,000
Discount allowed2,800
Inventory at 30/6/19130,000
Cost of goods sold for the current year is:
Posted Date: