Use the following information for The Wash Pro, a retail merchandiser of auto windshields, to compute the cost of goods sold: E (Click the icon to view the information.) 1 Data Table Web Site Maintenance $ 7,400 Delivery Expense 1,400 = Cost of Goods Sold Freight In 3,100 Purchases 47,000 Ending Merchandise Inventory 5,000 Revenues 68,000 Marketing Expenses 9,800 Beginning Merchandise Inventory 8,400 Print Done

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question 6

Use the following information for The Wash Pro, a retail merchandiser of auto windshields, to compute the cost of goods sold:
|(Click the icon to view the information.)
i Data Table
Web Site Maintenance
$ 7,400
Delivery Expense
1,400
Cost of Goods Sold
Freight In
3,100
Purchases
47,000
Ending Merchandise Inventory
5,000
Revenues
68,000
Marketing Expenses
9,800
Beginning Merchandise Inventory
8,400
Print
Done
+
Transcribed Image Text:Use the following information for The Wash Pro, a retail merchandiser of auto windshields, to compute the cost of goods sold: |(Click the icon to view the information.) i Data Table Web Site Maintenance $ 7,400 Delivery Expense 1,400 Cost of Goods Sold Freight In 3,100 Purchases 47,000 Ending Merchandise Inventory 5,000 Revenues 68,000 Marketing Expenses 9,800 Beginning Merchandise Inventory 8,400 Print Done +
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