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    caligirl01's Avatar
    caligirl01 Posts: 1, Reputation: 1
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    #1

    Oct 26, 2012, 07:49 PM
    18. The following information is available for ABC Company for the year ended Decembe
    18. The following information is available for ABC Company for the year ended
    December 31, 1997:
    Ending Inventory …………………………. $7,500
    Purchases …………………………………. 31,000
    Transportation-in …………………………. 1,500
    Beginning Inventory ……………………… 6,000
    Sales returns & allowances ……………….. 2,500

    Determine the cost of goods sold for 1997
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Oct 26, 2012, 11:49 PM
    Not difficult I can do it by mental arthimetic so you should be able to too

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