Solution-What was the cost of goods sold

What was the cost of goods sold

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Reference no: EM133134059

Question - The following information is available for Doll Company for 2013:

The disbursements for purchases of inventory (cash out) for 2013 $800,000

Decrease in trade accounts payable $9,000

Increase in merchandise inventory $5,000

Accounts payable is used solely for the purchase of inventory. What was the cost of goods sold?

Reference no: EM133134059

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What was the cost of goods sold

Reference no: EM133134059

Reference no: EM133134059

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