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Determine the cost of merchandise sold for june

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Reference no: EM13510764

Based on the following data, determine the cost of merchandise sold for June:

Merchandise inventory, June 1 $ 35,500
Merchandise inventory, June 30 40,500
Purchases 384,000
Purchases returns and allowances 11,000
Purchases discounts 3,000
Freight in 6,000

 

Reference no: EM13510764

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