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Posted: June 15th, 2022
company A had merchandise inventory of $50,000 on January 1,2015. company A had MERCHANDISE INVENTORY $ 55,000 on december 31,2015 company A had the next account balances at december 31,2015: freight-in $ four,000 purchases $509,000 buy reductions $6,000 buy returns and allowances $2,000 gross sales income $840,000 gross sales reductions $6,000 gross sales returns and allowances Company A’scost of items bought for 2015 is $ ____________
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