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Make a schedule of the cost of goods soldfor the month ended

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Based upon the following data for a business with a periodic inventory system, determine the cost of goods sold for August.

Inventory, August 1         $ 74,390

Inventory, August 31         92,180

Purchases                           346,730

Purchases returns & allowances  17,740

Purchases discounts                    10,810

Freight in                                        4,215

Problem 1: Make a Schedule of the Cost of Goods SoldFor the Month Ended August 31

Reference no: EM132992307

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