ACCT2020 Holmes Company sold goods with a total selling price of $800,000 during the year
(ACCT2020)Holmes
Company sold goods with a total selling price of $800,000 during the
year. It purchased goods for $380,000 and had beginning inventory of
$70,000. A count of its ending inventory determined that goods on hand
was $50,000. What was its cost of goods sold?
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ACCT2020 Holmes Company sold goods with a total selling price of $800,000 during the year