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The trial balance of Ivanhoe Company at the end of its fiscal year, August 31,2025 , includes these accounts: Beginning Inventory $24,450, Purchases $194,940, Sales

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The trial balance of Ivanhoe Company at the end of its fiscal year, August 31,2025 , includes these accounts: Beginning Inventory $24,450, Purchases $194,940, Sales Revenue $195,900, Freight-In $9,740, Sales Returns and Allowances $4,620, Freight-Out $1,690, and Purchase Returns and Allowances $5,810. The ending inventory is $20,500. Prepare a cost of goods sold section (periodic system) for the year ending August 31, 2025. eTextbook and Media List of Accounts Savefor Later Attempts: 0 of 3 used

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