Based on the following data, determine the cost of merchandise sold for October.
$\begin{array}{ll}
98,560 & \text { Merchandise Inventory, October 1 } \
102,330 & \text { Merchandise Inventory, October 31 } \
433,880 & \text { Purchases } \
12,760 & \text { Purchases Returns \& Allowances } \
9,900 & \text { Purchases Discounts } \
7,620 & \text { Transportation In }
\end{array}$

Question

Based on the following data, determine the cost of merchandise sold for October.
 $\begin{array}{ll}
98,560 & \text { Merchandise Inventory, October 1 } \
102,330 & \text { Merchandise Inventory, October 31 } \
433,880 & \text { Purchases } \
12,760 & \text { Purchases Returns \& Allowances } \
9,900 & \text { Purchases Discounts } \
7,620 & \text { Transportation In }
\end{array}$

Quizplus · Accepted Answer

The Answer of Based on the following data, determine the cost of merchandise sold for October.
 $\begin{array}{ll}
98,560 & \text { Merchandise Inventory, October 1 } \
102,330 & \text { Merchandise Inventory, October 31 } \
433,880 & \text { Purchases } \
12,760 & \text { Purchases Returns \& Allowances } \
9,900 & \text { Purchases Discounts } \
7,620 & \text { Transportation In }
\end{array}$

Based on the Following Data, Determine the Cost of Merchandise