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Business, 09.12.2021 14:40 yvngtazz

The following account balances appear on a year-end trial balance: Merchandise Inventory, $65,000; Purchases, $250,000; Sales, $600,000; Freight-in, $8,500; Sales Returns and Allowances, $7,000; and Purchase Returns and Allowances, $4,000. The ending inventory is $45,000. What is the cost of goods sold

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The following account balances appear on a year-end trial balance: Merchandise Inventory, $65,000; P...
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