PurchaseReturns & Allowances Sales Returns & Allowances 4,500.00 Goods Available for Sale 69,000.00 Freight In 2,000.00 Freight Out 3,000.00 Merchandise Inventory, Beg. 35,000.00 Merchandise Inventory, End 19,000.00 Purchases 47,500.00 Sales Discount 3,200.00 Purchase Discount 2,750.00 Cost of Goods Sold Purchase Returns & Allowances 2,480.00 Sales Returns & Allowances 6,200.00 77,500.00 Goods Available for Sale Freight In Freight Out 5,000.00 12,000.00 Merchandise Inventory, Beg. 19,000.00 Merchandise Inventory, End Purchases Sales Discount 4,600.00 Purchase Discount 2,175.00 Cost of Goods Sold 54,000.00 Purchase Returns & Allowances 14,000.00 Sales Returns & Allowances 35,000.00 Goods Available for Sale Freight In 1,250.00 Freight Out 3,800.00 Merchandise Inventory, Beg. 13,000.00 Merchandise Inventory, End 18,500.00 Purchases 85,000.00 Sales Discount 1,950.00 Purchase Discount Cost of Goods Sold 60,000.00