Calculate the cost of goods sold for september



Salvadore Inc., a local retailer, has provided the following data for the month of September:
  Merchandise inventory, beginning balance $ 66,420   
  Merchandise inventory, ending balance $ 65,600   
  Sales $ 410,000   
  Purchase of merchandise inventory $ 205,000   
  Selling expense $ 24,600   
  Administrative expense $ 82,000   

The cost of goods sold for September was:

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Calculate the cost of goods sold for september
Reference No:- TGS0676194

Expected delivery within 24 Hours