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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