The following information is available from Pusoko Company's accounting records for the current year. Purchases 5,300,000 Purchase discount 100,000 1,600,000 Beginning inventory Ending inventory Freight-In Compute for Pusoko Company's cost of goods sold. 2,150,000 400,000

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter6: Cost Of Goods Sold And Inventory
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2)
The following information is available from Pusoko Company's accounting records for the current year.
Purchases
5,300,000
Purchase discount
100,000
1,600,000
Beginning inventory
Ending inventory
2,150,000
Freight-In
Compute for Pusoko Company's cost of goods sold.
400,000
Transcribed Image Text:2) The following information is available from Pusoko Company's accounting records for the current year. Purchases 5,300,000 Purchase discount 100,000 1,600,000 Beginning inventory Ending inventory 2,150,000 Freight-In Compute for Pusoko Company's cost of goods sold. 400,000
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