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Question 3 (2 points) Laurier Inc. uses the periodic method and reported the following amounts for the year. Ending inventory $ 36000 Opening inventory $
Question 3 (2 points) Laurier Inc. uses the periodic method and reported the following amounts for the year. Ending inventory $ 36000 Opening inventory $ 50500 Sales revenue $ 138000 Purchases $ 59000 Purchase discounts $ 6600 Purchase returns and allowances $4900 Calculate cost of sales for the year. Your
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
IFRS Edition
978-1118443965, 1118800532, 9781118800539, 978-0470873991
