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Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN: 9781337115773
Author: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher: Cengage Learning
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Question
The cost of goods sold by York Enterprise for the period is.

Transcribed Image Text:Yami Enterprises began the accounting period with
$75,000 of merchandise, and the net cost of purchases
was $265,000. A physical inventory showed $85,000
of merchandise unsold at the end of the period.
The cost of goods sold by York Enterprises for the
period is
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