What is the cost of goods sold of repay company for period

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RePay Company began the accounting period with USD 80,000 of merchandise, and net cost of purchases was USD 260,000. A physical inventory showed USD 92,000 of merchandise unsold at the end of the period. What is the cost of goods sold of RePay Company for the period?

Reference no: EM13866639

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What is the cost of goods sold of repay company for period : RePay Company began the accounting period with USD 80,000 of merchandise, and net cost of purchases was USD 260,000. A physical inventory showed USD 92,000 of merchandise unsold at the end of the period. What is the cost of goods sold of RePay Compan..
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