Current Attempt in Progress The trial balance of Swifty Corporation at the end of its...
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Current Attempt in Progress The trial balance of Swifty Corporation at the end of its fiscal year, August 31, 2022, includes these accounts: Inventory $19,700, Purchases $154,000, Sales Revenue $188,000, Freight-In $8,100, Sales Returns and Allowances $2,700, Freight-Out $900, and Purchase Returns and Allowances $5,000. The ending inventory is $22,000. Prepare a cost of goods sold section for the year ending August 31, 2022 (periodic inventory). Swifty Corporation Income Statement - cost of goods sold section (periodic system) $ $ $
Current Attempt in Progress The trial balancie of Swifty Corporation at the end of its fiscal year, Ausust 32, 2022, includes these accounts: inventory $19,700. Purchases $154,000, Sales Revenue $188,000, Freight-In $8,100, Sales Returns and Allowances $2,700, Freight-0ut $900, and Purchase Returns and Allowances $5,000. The ending irwentory is $22,000 Prepare a cost of goods sold section for the vear ending August 31,2022 (periodic imventory
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