Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2018 are as follows: An end of the month (1/31/18) inventory showed that 160 units were on hand. How many units did the company sell during January, 2018?
A) 60
B) 160
C) 200
D) 240

Question

Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2018 are as follows:  An end of the month (1/31/18) inventory showed that 160 units were on hand. How many units did the company sell during January, 2018?
A) 60 
B) 160 
C) 200 
D) 240

Quizplus · Accepted Answer

The Answer of Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2018 are as follows:  An end of the month (1/31/18) inventory showed that 160 units were on hand. How many units did the company sell during January, 2018?
A) 60 
B) 160 
C) 200 
D) 240

Effie Company Uses a Periodic Inventory System