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Determine the cost of goods sold for November

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Reference no: EM132751200

Problem - Based on the following data, determine the cost of goods sold for November:

Estimated returns of November sales $14,500

Inventory, November 1 28,000

Inventory, November 30 31,500

Purchases 475,000

Purchases returns and allowances 15,000

Purchases discounts 9,000

Freight in 7,000

Reference no: EM132751200

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