Business, 01.12.2020 16:40 jaumonking
Kingbird, Inc. accounting records show the following at the year ending on December 31, 2022.
Purchase Discounts $11900
Freight-in 16900
Purchases 705020
Beginning Inventory 41000
Ending Inventory 47600
Purchase Returns and
Allowances 13100
Using the periodic system, the cost of goods sold is:.
a. $359,510.
b. $351,110.
c. $348,910.
d. $340,510.
Answers: 2
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Kingbird, Inc. accounting records show the following at the year ending on December 31, 2022.
Purch...
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