Question
Sheridan Company sold goods with a total selling price of $808,800 during the year. It purchased goods for $393,600 and had beginning inventory of
Sheridan Company sold goods with a total selling price of $808,800 during the year. It purchased goods for $393,600 and had beginning inventory of $69,800. A count of its ending inventory determined that goods on hand was $56,300. What was its cost of goods sold? Cost of goods sold $ tA
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