View Policies Current Attempt in Progress The trial balance of Crane Company at the end of its fiscal year, August 31, 2025, includes these accounts: Beginning Inventory $24,750, Purchases $20,860, Sales Revenue $190,000, Freight-In $7,810, Sales Returns and Allowances $3,640, Freight-Out $1,400, and Purchase Returns and Allowances $7,000. The ending inventory is $21,200. Prepare a cost of goods sold section (periodic system) for the year ending August 31, 2025. CRANE COMPANY Cost of Goods Sold For the Year Ended August 31, 2025 LA LA

The trial balance of Crane Company at the end of its fiscal year, August 31,2025, includes these accounts: Beginning Inventory $24,750, Purchases $2C,860, Sales Revenue $190,000, Freight-In $7,810, Sales Returns and Allowances $3,640, Freight-Out $1,400, and Purchase Returns and Allowances $7,000. The ending inventory is $21,200. Prepare a cost of goods sold section (periodic system) for the year ending August 31, 2025