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A company begins the year with inventory of $15,000 and ends the year with inventory...

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Accounting

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A company begins the year with inventory of $15,000 and ends the year with inventory of $56,000. During the year amounts are recorded: Purchases $210,000 Purchase returns 30,000 Purchase discounts 17,000 Freight-in 33,000 Calculate cost of goods sold for the year Cost of goods sold Preu 10 10

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