Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

تمرين 60

Periodic Inventory System-Determine Cost of Goods Sold
Murphy Co.s a high-end retailer of fine fashions for men.urphy's inventory balance at the beginning of the year is $300,000, and Murphy purchases $600,000 of goods during the year.ts inventory balance at the end of the year is $250,000.hat is the cogt of goods sold for the year