If a company has a trial balance including these accounts: Merchandise inventory $17,500; Purchases $149,400; Sales $200,000; Freight-in $4,000; Sales Returns & Allowances $4,000; Freight-out $1,000; and Purchase Returns & Allowances $2,000. The ending merchandise inventory is $25,000.
How would I prepare a cost of goods section?:confused: :confused:

Try it!
See what you can do.
Let us have a look.
We shall try and correct your effort.