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Pharoah Inc., a retail store chain, had the following information in its general ledger for the year 2018. Merchandise purchased for resale $890,718 Interest on
Pharoah Inc., a retail store chain, had the following information in its general ledger for the year 2018.
Merchandise purchased for resale | $890,718 | |
Interest on notes payable to vendors | 8,703 | |
Purchase returns | 17,020 | |
Freight-in | 21,800 | |
Freight-out (delivery expense) | 15,607 | |
Cash discounts on purchases | 7,442 |
What is Pharoahs inventoriable cost for 2018?
Pharoahs inventoriable cost for 2018 |
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