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Calculate the cost of goods sold

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Question - For the current fiscal year, Purchases were $265,000, Purchase Returns and Allowances were $8,300, Purchase Discounts were $2,300 and Freight In was $33,000. If the beginning merchandise inventory was $62,000 and the ending merchandise inventory was $79,000, calculate the Cost of Goods Sold?

Reference no: EM132350025

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