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Antonello Clothiers began operations on June 1,20X1. During June, Antonello Clothiers reported the following: ...

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Accounting

Antonello Clothiers began operations on June 1,20X1. During June, Antonello Clothiers reported the following:
Purchases of merchandise inventory, at cost
Purchases returns, at cost
Freight-in on purchases of merchandise inventory
sales (cost of merchandise sold was $93,000)
122,0001,2201,830172,000
Required:
Compute the balance of Merchandise Inventory at June 30,201.
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