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ABC Co. had the following information pertaining to its current year's inventory: Beginning inventory, 1/1/x1: $100,000 Purchases: $50,000 Freight-In: $4,000 Purchase returns and allowances: $1,500 Purchase discounts: $500 Ending inventory, 12/31/x1: $30,000 What amount represents cost of goods sold
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ABC Co. had the following information pertaining to its current year's inventory: Beginning inventor...
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