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Problem 4 Calculate Perpetual COGS Beginning inventory $5,342,000 Purchases 3,549,000 Sales 8,349,000 Freight-In 145,000 Sales Discounts 83,000 Purchases Discounts 43,000 Purchase Returns 19,000 Freight-out
Problem 4 Calculate Perpetual COGS Beginning inventory $5,342,000 Purchases 3,549,000 Sales 8,349,000 Freight-In 145,000 Sales Discounts 83,000 Purchases Discounts 43,000 Purchase Returns 19,000 Freight-out 213,000 Ending Inventory 4,935,000
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Understanding Financial Accounting
Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald
1st Canadian Edition
1118849388, 9781119048572, 978-1118849385
