Business
Business, 16.03.2020 17:06, annyork03

The trial balance of Larkspur, Inc. at the end of its fiscal year, August 31, 2020, includes these accounts: Inventory $19,500; Purchases $155,500; Sales Revenue $193,000; Freight-In $4,000; Sales Returns and Allowances $3,350; Freight-Out $1,750; and Purchase Returns and Allowances $2,600. The ending inventory is $24,500. Prepare a cost of goods sold section for the year ending August 31 (periodic inventory).

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The trial balance of Larkspur, Inc. at the end of its fiscal year, August 31, 2020, includes these a...

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