Sampson company's accounting records show the following at the year ending on december 31, 2010: purchase discounts $ 5,600 freight - in 7,800 purchases 200,010 beginning inventory 23,500 ending inventory 28,800 purchase returns 6,400 using the periodic system, the cost of goods purchased is a. $180,210. b. $204,210. c. $208,610. d. $195,810.

The correct answer is D.

Explanation:

Giving the following information:

Purchase Discounts $ 5,600 Freight - in 7,800 Purchases 200,010 Beginning Inventory 23,500 Ending Inventory 28,800 Purchase Returns 6,400 Using the periodic system

Purchased= 200,010 + 7,800 - 5,600 - 6,400= $195,810

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