Ralph’s mini-mart store in alpine experienced the following events during the current year: 1. incurred $409,000 in selling costs.

Ralph’s mini-mart store in alpine experienced the following events during the current year: 1. incurred $409,000 in selling costs. 2. incurred $1,207,000 of administrative costs. 3. purchased $382,000 of merchandise. 4. paid $26,000 for transportation-in costs. 5. took an inventory at year-end and learned that goods costing $202,000 were on hand. this compared with a beginning inventory of $316,000 on january 1. 6. determined that sales revenue during the year was $3,105,000. 7. debited all costs incurred to the appropriate account and credited to accounts payable. all sales were for cash. required: give the amounts for the following items in the merchandise inventory account:

Yeah, they did, i

The answer is dialectical inquiry

Answerthe economy as a whole, including topics such as inflation, unemployment and economic growth;

account a is the answer. process of elimination

Leave a Comment