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C. Merchandise Inventory, 6/30/2008 P310,000 Merchandise Inventory, 7/1/2007 260,000 Purchases 830,000 Purchase Returns and Allowances...

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Accounting

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C. Merchandise Inventory, 6/30/2008 P310,000 Merchandise Inventory, 7/1/2007 260,000 Purchases 830,000 Purchase Returns and Allowances 8,300 Purchase Discounts 16,600 Transportation In 12,450 Required: Cost of goods sold

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