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Determine the cost of merchandise sold

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Reference no: EM133054297

Question - Using the following information, determine the cost of merchandise sold.

Purchases

$28,865

Selling expenses

$834

Merchandise inventory, September 1

5,364

Merchandise inventory, September 30

10,745

Administrative expenses

1,016

Sales

51,902

Rent revenue

1,142

Interest expense

1,097

a. $44,974

b. $5,364

c. $34,229

d. $23,484

Reference no: EM133054297

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