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Information related to Blue Co. is presented below. 1 On April 5, purchased merchandise from Mockingbird Company for $ 22,100 terms 2/10,net/30, FOB shipping point
Information related to Blue Co. is presented below. 1 On April 5, purchased merchandise from Mockingbird Company for $ 22,100 terms 2/10,net/30, FOB shipping point 2. On April 6 paid freight costs of $ 710 on merchandise purchased from Mockingbird. 3. On April 7. purchased equipment on account for $ 31,100. 4. On April 8. returned damaged merchandise to Mockingbird Company and was granted a $4,800 credit for returned merchandise. 5. On April 15 paid the amount due to Mockingbird Company in full. On April 20. Blue sold 50% of the goods purchased from Mockingbird. What amount would they record as cost of goods sold? Cost of goods sold $ Tabulamadi
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