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Determine the cost of merchandise sold for March

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Problem - Cost of merchandise sold

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

Merchandise inventory, March 1 $100,000

Merchandise inventory, March 31 90,000

Purchases 800,000

Purchases returns and allowances 15,000

Purchases discounts 12,000

Freight in 8,000

Reference no: EM132680337

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