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Find jackson company would report cost of goods sold of

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Reference no: EM132703334

Jackson Company had the following account balances:

purchases ... $40,000

freight-in ..... . . 500

purchase returns . . . 1,200

beginning inventory .... 20,000

ending inventory .... 15,000

Question 1: Jackson Company would report cost of goods sold of:

A. $43,300

B. $43,800

C. $45,000

D. $44,300

E. $48,500

Reference no: EM132703334

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