San Diego State University Operations And Supply Chain Management Assignment Help - Income
Question - At the end of Ehlinger Department Storeâ€™s fiscal year on December 31, 2012, these accounts
appeared in its adjusted trial balance.
Freight-in â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦. $ 7,200
Inventory (beginning) â€¦â€¦â€¦â€¦.â€¦. 40,500
Purchases â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦ 456,000
Purchase Discounts â€¦â€¦â€¦â€¦â€¦â€¦.. 12,000
Purchase Returns and Allowances â€¦. 6,400
Sales Revenue â€¦â€¦â€¦â€¦â€¦â€¦â€¦â€¦ 702,000
Sales Returns and Allowances â€¦..â€¦. 8,000
1. Merchandise inventory on December 31, 2012, is $58,300.
2. Note that Ehlinger Depar ...Read More
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