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ABC LLCS accounting records shows the following for the year ending on 31st December 2017:Purchase Discounts RO 5,600, Purchases RO 300,000, Beginning Inventory RO 23,500 Ending Inventory RO 28,800, Purchase Returns 6,400 The value of cost of goods sold will be

ABC LLCS accounting records shows the following for the year ending on 31st December 2017:Purchase Discounts RO 5,600, Purchases RO 300,000, Beginning Inventory RO 23,500 Ending Inventory RO 28,800, Purchase Returns 6,400 The value of cost of goods sold will be

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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ABC LLCS accounting records shows the following for the year ending on 31st December 2017:Purchase Discounts RO 5,600, Purchases RO 300,000, Beginning Inventory RO 23,500 Ending Inventory RO 28,800, Purchase Returns 6,400 The value of cost of goods sold will be
Transcribed Image Text:ABC LLCS accounting records shows the following for the year ending on 31st December 2017:Purchase Discounts RO 5,600, Purchases RO 300,000, Beginning Inventory RO 23,500 Ending Inventory RO 28,800, Purchase Returns 6,400 The value of cost of goods sold will be
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