Haack Incorporated is a merchandising company. Last month the company's cost of goods sold was $61,500. The company's beginning merchandise Inventory was $13,200 and its ending merchandise inventory was $21,400. What was the total amount of the company's merchandise purchases for the month? Multiple Choice $61,500 $53,300 $69.700 $96.300

Haack Incorporated is a merchandising company. Last month the company's cost of goods sold was $61,500. The company's beginning merchandise Inventory was $13,200 and its ending merchandise inventory was $21,400. What was the total amount of the company's merchandise purchases for the month? Multiple Choice $61,500 $53,300 $69.700 $96.300

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 6EB: Langstons purchased $3,100 of merchandise during the month, and its monthly income statement shows a...

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