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Metro Computer Company Had the Following Balances and Transactions During

Question 49

Multiple Choice

Metro Computer Company had the following balances and transactions during 2014. Metro Computer Company had the following balances and transactions during 2014. What would the Inventory amount be as reported on the balance sheet at 31 December 2014 if the perpetual average- costing method is used? (Answers are rounded to the nearest dollar.) A) $8 000 B) $7 900 C) $8 600 D) $7 750 What would the Inventory amount be as reported on the balance sheet at 31 December 2014 if the perpetual average- costing method is used? (Answers are rounded to the nearest dollar.)


A) $8 000
B) $7 900
C) $8 600
D) $7 750

Correct Answer:

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