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Business, 26.02.2021 02:10 natalie2sheffield
The trial balance of Splish Brothers Inc. at the end of its fiscal year, August 31, 2022, includes these accounts: Beginning Inventory $21,510; Purchases $242,050; Sales Revenue $183,600; Freight-In $8,620; Sales Returns and Allowances $3,220; Freight-Out $3,510; and Purchase Returns and Allowances $6,550. The ending inventory is $24,800. Prepare a cost of goods sold section (periodic system) for the year ending August 31, 2022.
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The trial balance of Splish Brothers Inc. at the end of its fiscal year, August 31, 2022, includes t...
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