Question
Sales cost. (5 pts.) Read the following Information: Sales 15,000,000.00, VAT per pay on sales (accrued) 1,950,000.00, returns on sales, 250,000.00, discounts on sales 750,000.00,
Sales cost. (5 pts.)
Read the following Information: Sales 15,000,000.00, VAT per
pay on sales (accrued) 1,950,000.00, returns on sales, 250,000.00,
discounts on sales 750,000.00, Freight on sales 200,000.00, Inventory at
beginning of the period, 852,000.00 purchases of merchandise for sale, 9,000,000.00, VAT
payable on purchases (supported) 1,170,000.00, freight on purchases, 700,000.00,
returns on purchases, 258,000.00 discounts on purchases, 125,000.00
final inventory of merchandise, 458,000.00. Based on the above, this entity has a
cost of sales of:
- 10.881.000,00
- 7.419.000,00
- 9.711.000,00
- 8.271.000,00
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College Physics
Authors: Raymond A. Serway, Jerry S. Faughn, Chris Vuille, Charles A. Bennett
7th Edition
978-0495113690
