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The June 30, 2021, year-end trial balance for Askew company contained the following information: Account Inventory, 7/1/2020 Sales revenue Sales returns Purchases Purchase discounts Purchase
The June 30, 2021, year-end trial balance for Askew company contained the following information: Account Inventory, 7/1/2020 Sales revenue Sales returns Purchases Purchase discounts Purchase returns Debit Credit 33,600 396,000 13,600 256,000 7,600 11,600 20,200 Freight-in In addition, you determine that the June 30, 2021, inventory balance is $41,600. 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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