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Home Q & A Board Other Fields Homework Help Business Accounting
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harra harra
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6 years ago
Cost of goods sold is $7,400. Beginning inventory is $3,500 and ending inventory is $4,000. If there is no freight in and total purchases were $8,250, what were purchase returns and allowances?
A) $850
B) $500
C) $350
D) $550
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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KryzenKryzen
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6 years ago
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harra Author
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#2
6 years ago
Can't believe how you found this in the textbook, great answer.
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