Business, 30.03.2020 19:03 CarQuestionl506
Cost of Merchandise Sold
Based on the following data, determine the cost of merchandise sold for November:
Increase in estimated returns inventory $14,500
Merchandise inventory, November 1 28,000
Merchandise inventory, November 30 31,500
Purchases 475,000
Purchases returns and allowances 15,000
Purchases discounts 9,000
Freight in 7,000
Calculate the cost of merchandise sold
Answers: 1
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Cost of Merchandise Sold
Based on the following data, determine the cost of merchandise...
Based on the following data, determine the cost of merchandise...
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