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The June 30, 2021, year-end trial balance for Askew company contained the following information: Debit Credit Account Inventory, 7/1/2020 Sales revenue 32,100 381,000 Sales returns
The June 30, 2021, year-end trial balance for Askew company contained the following information: Debit Credit Account Inventory, 7/1/2020 Sales revenue 32,100 381,000 Sales returns 12,100 Purchases 241,000 Purchase discounts 6,100 Purchase returns 10,100 Freight-in 17,200 In addition, you determine that the June 30, 2021, inventory balance is $40,100O. Required: Calculate the cost of goods sold for the Askew Company for the year ending June 30, 2021. Cost of goods sold
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