Question

The following information is taken from the accounting records of Rapid Runner Inc. for the year...


The following information is taken from the accounting records of Rapid Runner Inc. for the year 2021.

Required:
Compute the missing amount.

cost of goods sold freight-in Ending Inventory Gross Purchases Sales

Purchase

Discounts

 Beginning Inventory Gross Profit Purchase Returns
238 23 148 302 402 151 164 51
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