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The trial balance of Marigold Corp. at the end of its fiscal year. August 31, 2022 includes these accounts: Beginning Inventory $22.660: Purchases $219.640: Sales
The trial balance of Marigold Corp. at the end of its fiscal year. August 31, 2022 includes these accounts: Beginning Inventory $22.660: Purchases $219.640: Sales Revenue $206,200; Freight-In $7.600: Sales Returns and Allowances $3.890: Freight-Out $3.820; and Purchase Returns and Allowances $6.670. The ending inventory is $21.600. Prepare a cost of goods sold section (periodic system) for the year ending August 31, 2022 Marigold Corp. Income Statement For the Year Ended August 31, 2022 Cost of Goods Avaliable for Sale
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