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View Policies Current Attempt in Progress The trial balance of Cullumber Company at the end...

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Accounting

View Policies Current Attempt in Progress The trial balance of Cullumber Company at the end of its fiscal year, August 31, 2022, includes these accounts: Inventory $22,500; Purchases $194,000; Sales Revenue $245,000; Freight-In $7,500; Sales Discounts $5,700; Sales Returns and Allowances $6,300; Freight-Out $4,000; Purchase Discounts $5,400 and Purchase Returns and Allowances $4,900. The ending Inventory is $29,397. (a) Prepare a cost of goods sold section for the year ending August 31 (periodic inventory). CULLUMBER COMPANY Cost Of Goods Sold Section HELENE FREDER
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Current Attempt in Progress The trial balance of Cullumber Company at the end of its fiscal year, August 31, 2022, includes these accounts: Inventory $22,500; Purchases $194,000; Sales Revenue $245,000; Freight-In $7,500; Sales Discounts $5,700; Sales Returns and Allowances $6,300; Freight-Out $4,000; Purchase Discounts $5,400 and Purchase Returns and Allowances $4,900. The ending Inventory is $29,397. (a) Prepare a cost of goods sold section for the year ending August 31 (periodic inventory). Prepare a cost of goods sold section for the year ending August 31 (periodic inventory)

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