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Determine the cost of goods available for sale

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Reference no: EM133129559

Question - Bonita Shoe Store uses a periodic inventory system and began the period with a beginning inventory of $45900. During the period, purchases were $194100; purchase returns, $6200; and freight-in $14100. A physical count of inventory at the end of the period revealed that $30300 was still on hand. Determine the cost of goods available for sale?

Reference no: EM133129559

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