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Tamarisk. Inc. sold goods with a total selling price of $803,000 during the year. It purchased goods for $398,200 and had beginning inventory of $65,000.

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Tamarisk. Inc. sold goods with a total selling price of $803,000 during the year. It purchased goods for $398,200 and had beginning inventory of $65,000. A count of its ending inventory determined that goods on hand was $59.700. What was its cost of goods sold? Cost of goods sold 5 N This information relates to We 1 2 On April 5, purchased merchandise from Wildhorse Company for $95.100, terms 2/10, On April 6, paid freight costs of $530 on merchandise purchased from Werthorse On April 7. purchased equipment on account for $32,500 On April, returned $3,600 of April 5 merchandise to Wildhorse Company On April 15. paid the amount due to Wildhorse Company in full Prepare the journal entries to record the transactions listed above on Windsor Co's books. Windsor Couses a perpetual inventory system. Of no entry is required sinct "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when amount is entered. Do not Indent manually) No. Date Account Titles and Explanation Debit Credi 1 2 3 4 5. Athen ry 367,000 44,000 1,877,000 117,000 10,000 17,000 44,000 15,000 64,000 Dhanda Ralph larasan 15,000 59,600 14,000 517.000 467,000 A100 24,000 2,291,000 Inn SA Pragare le-plama man Sand Company The statement

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