Presented below is information for Sheridan Company for the month of March 2017. ...

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Accounting

Presented below is information for Sheridan Company for the month of March 2017.
Purchase $212,665
Freight-in 7,000
Purchase returns and allowances 7,000
Salaries and wages expense 62,000
Rent expense $34,000
Sales discounts 9,000
Sales returns and allowances 12,000
Salaes revenue 375,000
Beginning inventory was $46,000, and ending was $56,000.
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