Question
How do I figure out the cost of merchandise purchases for the year?
Answers
In the account book, under payables you should have everything you spent on purchases. When you add that for the fiscal period, you should have a total.
Is that what you meean?
Sra
Is that what you meean?
Sra
Thnx!!! :-D
Related Questions
Given the following data, the gross profit for the fiscal year would be__.
Freight-In on merchandis...
A company using the periodic inventory system has the following account balances: Merchandise Invent...
I am trying to figure out the cost of merchandise destroyed on Feb. 7th given the following informat...
Zell Company had sales of $1,800,000 and related cost of merchandise sold of $1,150,000 for its firs...