A company had $600,000 in sales, a net income of $129,000, sales discounts of $12,000,...

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Accounting

A company had $600,000 in sales, a net income of $129,000, sales discounts of $12,000, sales returns and allowances of $9,000, and operating expenses of $130,000. The company would report the cost of goods sold of $320,000

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