Question
The following information is available from Dell Company's 2005 accounting records: PurchasesP5,300,000 Purchase discounts100,000 Beginning inventory1,600,000 Ending inventory2,150,000 Freight out400,000 Dell's cost of goods sold
The following information is available from Dell Company's 2005 accounting records:
PurchasesP5,300,000
Purchase discounts100,000
Beginning inventory1,600,000
Ending inventory2,150,000
Freight out400,000
Dell's cost of goods sold is:
not given
5,050,000
4,750,000
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Advanced Financial Accounting
Authors: Thomas H. Beechy, V. Umashanker Trivedi, Kenneth E. MacAulay
7th edition
132928930, 978-0132928939
