(Solution) - The trial balance of Bandung Company at the end of -(2025 Original AI-Free Solution)

Paper Details

The trial balance of Bandung Company at the end of its fiscal year, August 31, 2011, includes these accounts (amounts in thousands); Merchandise Inventory Rp17,200; Purchases Rp149.000; Sales Rp190,000; Freight-in Rp4,000; Sales Returns and Allowances Rp3,000; Freight-out Rp1,000; and Purchase Returns and Allowances Rp2,000. The ending merchandise inventory is Rp25,000.

Instructions
Prepare a cost of goods sold section for the year ending August 31 (periodic inventory).