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When using the periodic inventory system, which of the following generally would not be separately accounted for in the computation of cost of goods sold?
When using the periodic inventory system, which of the following generally would not be separately accounted for in the computation of cost of goods sold?
Cost of freight-in for merchandise purchased during the period
Trade discounts applicable to purchases during the period
Cash (purchase) discounts taken during the period
Purchase returns and allowances of merchandise during the period
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