=+E4-4 Cost ofmerchandise sold and related items Obj 2 / a. Cost ofmerchandise sold, $1,218,300 The following
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=+E4-4 Cost ofmerchandise sold and related items Obj 2
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a. Cost ofmerchandise sold, $1,218,300 The following data were extracted from the accounting records ofMeniscus Company for the year ended June 30, 2008:
Merchandise inventory, July 1, 2007 $ 183,250 Merchandise inventory, June 30, 2008 200,100 Purchases 1,279,600 Purchases returns and allowances 41,200 Purchases discounts 20,500 Sales 1,800,000 Transportation in 17,250
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