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Given the Following Information,prepare in Good Form the Cost of Goods

question 101

Essay

Given the following information,prepare in good form the cost of goods sold section of an income statement for 2010.
 Freight-In $24,000 Merchandise Inventory. December 31, 2009 90,000 Merchandise Inventory. December 31, 2010 102,000 Purchases 228,000 Purchases Returns and Allowances 8,400\begin{array} { l r } \text { Freight-In } & \$ 24,000 \\\text { Merchandise Inventory. December 31, 2009 } & 90,000 \\\text { Merchandise Inventory. December 31, 2010 } & 102,000 \\\text { Purchases } & 228,000 \\\text { Purchases Returns and Allowances } & 8,400\end{array}


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Health Problems

Physical or psychological conditions that affect an individual's wellbeing and ability to perform daily activities.

Mortality

The condition of being susceptible to death or the occurrence of fatalities within a group of people.

Education

The process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various means such as teaching, training, storytelling, discussion, and research.

Black Death

The devastating global epidemic of bubonic plague that struck Europe and Asia in the mid-14th century, killing millions of people and significantly impacting the course of history.

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