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Splish Brothers Limited has the following information in its accounting records as at December 31, 2021: Purchases$130300 Freight in4800 Purchase returns and allowances12400 Beginning inventory57500
Splish Brothers Limited has the following information in its accounting records as at December 31, 2021:
Purchases$130300
Freight in4800
Purchase returns and allowances12400
Beginning inventory57500
A physical inventory count revealed that there was $67800 in ending inventory. The cost of goods sold is
a.$112400.
b.$130300.
c.$117900.
d.$135100.
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