Chazen Company's inventory balance at the beginning of the year was $6,400. During the year,...

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Accounting

image Chazen Company's inventory balance at the beginning of the year was $6,400. During the year, the company had Purchases of $34,000 and Purchases Returns and Allowances of $2,400. The company's Inventory balance at the end of the year is $4,400. Compute cost of goods sold for the year assuming Chazen uses the perlodic inventory system

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