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The following information is available for Pharoan Company for Account Inventory (beginning) Purchases Freight-in Debit $68300 427500 6400 Credit

The following information is available for Pharoan Company for Account Inventory (beginning) Purchases Freight-in Debit $68300 427500 6400 Credit

FINANCIAL ACCOUNTING
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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The following information is available for Pharoah Company for 2025: Account Inventory (beginning) Purchases Freight-in Purchase Discounts and Returns Sales Revenue Sales Returns Debit $68300 427500 6400 Credit $6200 641800 8400 If Pharoah's cost of goods sold is $397200, what is its ending inventory for 2025?
Transcribed Image Text:The following information is available for Pharoah Company for 2025: Account Inventory (beginning) Purchases Freight-in Purchase Discounts and Returns Sales Revenue Sales Returns Debit $68300 427500 6400 Credit $6200 641800 8400 If Pharoah's cost of goods sold is $397200, what is its ending inventory for 2025?
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