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The trial balance of Blossom Company at the end of its fiscal year, August 31, 2022, includes these accounts: Inventory $26,000: Purchases $149,900; Sales Revenue
The trial balance of Blossom Company at the end of its fiscal year, August 31, 2022, includes these accounts: Inventory $26,000: Purchases $149,900; Sales Revenue $191,000; Freight in $9,100; Sales Returns and Allowances $3.200: Freight-Out $1,900; and Purchases Returns and Allowances $6,800. The ending inventory is $20,000. Prepare a cost of goods sold section for the year ending August 31. BLOSSOM COMPANY Income Statement (Cost of Goods Sold section - Periodic system) $ : > $
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