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On 20/10/2020, a fire broke out in the stores of the Nasr Trading Company and led to the burning and damage of part of the
On 20/10/2020, a fire broke out in the stores of the Nasr Trading Company and led to the burning and damage of part of the goods that were in the company's stores. The merchandise at the beginning of the period was ($ 80,000), purchases ($ 280,000). returns on purchases ($ 28,000), sales ($ 415,000), sales returns ($ 21,000), and the ratio of gross profit to the selling price (34%). If you know that the selling price of the remaining goods in the warehouse that has not been burned after the (intact) fire is ($ 30,000). The cost of the burned goods will be under the sum *: profit method O 19800 $ 71960 $ 52160 $ 332000 $
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