The trial balance of Sandhill Company at the end of its fiscal year, August 31, 2025, includes these accounts: Beginning Inventory $24,420, Purchases $153,780, Sales Revenue $192,600, Freight-In $9,900, Sales Returns and Allowances $3,880, Freight-Out $1,850, and Purchase Returns and Allowances $7,450. The ending inventory is $24,800. Prepare a cost of goods sold section (periodic system) for the year ending August 31, 2025. SANDHILL COMPANY Cost of Goods Sold A

The trial balance of Sandhill Company at the end of its fiscal year, August 31, 2025, includes these accounts: Beginning Inventory $24,420, Purchases $153,780, Sales Revenue $192,600, Freight-In $9,900, Sales Returns and Allowances $3,880, Freight-Out $1,850, and Purchase Returns and Allowances $7,450. The ending inventory is $24,800. Prepare a cost of goods sold section (periodic system) for the year ending August 31, 2025