The hamlet company uses the periodic inventory system., Ask an Expert

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The Hamlet Company uses the periodic inventory system. Information for 2011 is as follows:

Sales
$2,650,000

Beginning inventory
680,000

Purchases
1,200,000

Purchase returns
12,000

Ending inventory
740,000

what Hamlet's cost of goods sold for 2011 is ?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M991601

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