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Using the following information, determine the cost of merchandise sold. Purchases $33,714 Selling expenses $761 Merchandise inventory, September 1 5,478 Merchandise inventory, September 30 11,651
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Using the following information, determine the cost of merchandise sold.
Purchases $33,714 Selling expenses $761 Merchandise inventory, September 1 5,478 Merchandise inventory, September 30 11,651 Administrative expenses 737 Sales 58,063 Rent revenue 909 Interest expense 1,151 a.$27,541
b.$50,843
c.$5,478
d.$39,192
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