Last month the companys cost of goods sold was 61700 what


Question - Haar Inc. is a merchandising company. Last month the company's cost of goods sold was $61,700. The company's beginning merchandise inventory was $17,700 and its ending merchandise inventory was $23,100. What was the total amount of the company's merchandise purchases for the month?

$56,300

$61,700

$67,100

$102,500

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Accounting Basics: Last month the companys cost of goods sold was 61700 what
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