Sampson Company's accounting records show the following at the year ending on December 31, 2010, purchase Discounts 5,600, freight in 7,800, purchases 200,010, beginning Inventory 23,500, ending Inventory 28,800, purchase Returns 6,400, using the periodic system, the cost of goods purchased is a. $208,610. O b. $180,210. O. $204,210. O d. $195,810.

Sampson Company's accounting records show the following at the year ending on December 31, 2010, purchase Discounts 5,600, freight in 7,800, purchases 200,010, beginning Inventory 23,500, ending Inventory 28,800, purchase Returns 6,400, using the periodic system, the cost of goods purchased is a. $208,610. O b. $180,210. O. $204,210. O d. $195,810.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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