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The trial balance of Cullumber Company at the end of its fiscal year, August 31,2025,...

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Accounting

The trial balance of Cullumber Company at the end of its fiscal year, August 31,2025, includes these accounts: Beginning Inventory
$18,790, Purchases $226,730, Sales Revenue $197,300, Freight-In $9,720, Sales Returns and Allowances $4,390, Freight-Out $3,790,
and Purchase Returns and Allowances $5,550. The ending inventory is $23,500.
Prepare a cost of goods sold section (periodic system) for the year ending August 31,2025.
CULLUMBER COMPANY
Cost of Goods Sold
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