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Question - Splish Brothers Limited has the following information in its accounting records as at December 31, 2021:
Purchases $130300
Freight in 4800
Purchase returns and allowances 12400
Beginning inventory 57500
A physical inventory count revealed that there was $67800 in ending inventory. Calculate the cost of goods sold?
a. $112400.
b. $130300.
c. $117900.
d. $135100.
1.three costs incurred by pitt company are summarized
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