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accounting

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How do I figure out the cost of merchandise purchases for the year?

  • accounting - ,

    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

  • accounting - ,

    P.S. This link may help:

    http://blog.accountingcoach.com/purchases-merchandise-inventory/

    Sra

  • accounting - ,

    Thnx!!! :-D

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