The following information has been taken from ABC Company for the year 2019: Help Sives...
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Accounting
The following information has been taken from ABC Company for the year 2019: Help Sives fait submed. Sales revenues 300,000 - Opening inventory of finished goods 35,000 - Closing inventory of finished goods 25,000 - Purchases 95,000 - Trade discount recelved 7,500-Trade discount allowed 12,000- Purchases returns 7,500 - 5 ales returns 28,000 Cost of goods sold for the year ended December 31, 2019, is: Multiple Choice $80,000 $130.000 $90.000 $40.000
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