Using the information below in the computation of cost of goods sold, what would be the appropriate amount of Purchases? Purchase returns $ 1,200 Inventory, December 31 2,500 Cost of goods sold 10,500 Purchases ? Inventory, January 1 2,500 Freight-in 1,500
A) $10,800
B) $11,200
C) $ 9,700
D) $10,200
D
Business
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