Frick Company began the accounting period with $60,000 of merchandise

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January 8th, 2018

Frick Company began the accounting period with $60,000 of merchandise, and net cost of purchases was $240,000. A physical inventory showed $72,000 of merchandise unsold at the end of the period. The cost of goods sold of Frick Company for the period is:a. $300,000b. $228,000c. $252,000d. $168,000e. None of the above

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