The following data were taken from the general ledger of, Ask an Expert

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The following data were taken from the general ledger of Lola Merchandisers on January 31, the end of the first month of operations in the current fiscal year: Merchandise inventory, January 1 17,000 Purchases 183,000 Merchandise inventory, January 31 22,000 Compute the cost of goods sold for the month of January.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M939228

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