Question
You are the owner of a small, specialty toy store. For the quarter ending June 30, you had the following: sales of $40,000; beginning merchandise
You are the owner of a small, specialty toy store. For the quarter ending June 30, you had the following: sales of $40,000; beginning merchandise inventory of $8,500; inventory purchases of $12,000; ending merchandise inventory of $10,500; and, expenses of $13,500. What is your cost of goods sold?
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Front Office Operations And Auditing Workbook
Authors: Patrick J. Moreo, Gail Sammons, Jeff Beck
2nd Edition
0130324930, 978-0130324931
