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The trial balance of Kingbird Company at the end of its fiscal year, August 31, 2022, includes these accounts: Inventory $22,000; Purchases $189,000; Sales
The trial balance of Kingbird Company at the end of its fiscal year, August 31, 2022, includes these accounts: Inventory $22,000; Purchases $189,000; Sales Revenue $240,000; Freight-In $7,000; Sales Discounts $5,200; Sales Returns and Allowances $5,800; Freight-Out $3,500; Purchase Discounts $4,900 and Purchase Returns and Allowances $4,400. The ending Inventory is $28,935. (a) Prepare a cost of goods sold section for the year ending August 31 (periodic inventory). Kingbird Company Cost Of Goods Sold section O $ $ 40F Cloudy 0
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