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Markdowns Markdown cancellations Purchases Purchase returns and allowances Sales Sales returns and allowances 890,000 20,000 68,000 27,000 1,560,000 33,000 1,720,000 84,000 Required: Prepare a schedule
Markdowns Markdown cancellations Purchases Purchase returns and allowances Sales Sales returns and allowances 890,000 20,000 68,000 27,000 1,560,000 33,000 1,720,000 84,000 Required: Prepare a schedule to compute the estimated inventory at 30 September 20X6. (Round intermediate calculations to nearest who percent. Negative amounts should be indicated by a minus sign.) At Cost At Retail Inventory, 1 July 20x6 Retail value goods available for sale Goods available for sale Inventory, 30 September, at retail Inventory, 30 September at cost
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