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 sold is O a. $190,510. O b. $201,110. O. $209,510. O d. $198,910.

Intermediate Accounting: Reporting And Analysis
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ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter7: Inventories: Cost Measurement And Flow Assumptions
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Problem 3RE: Reid Company uses the periodic inventory system. On January 1, it had an inventory balance of...
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q15)This multible choice question from ACCOUNTING PRINCIPLES I.just write for me the final answer.

15
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 sold is
O a. $190,510.
O b. $201,110.
O . $209,510.
O d. $198,910.
Transcribed Image Text:15 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 sold is O a. $190,510. O b. $201,110. O . $209,510. O d. $198,910.
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