Mckendrick shoe store has a beginning inventory of $45,000. during the period, purchases were $195,000; purchase returns, $6,000; and freight-in $15,000. a physical count of inventory at the end of the period revealed that $30,000 was still on hand. the cost of goods available for sale was
a. $189,000.
b. $204,000.
c. $219,000.
d. $249,000.
Answers: 3
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Mckendrick shoe store has a beginning inventory of $45,000. during the period, purchases were $195,0...
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