Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2015 are as follows: An end of the month (1/31/15) inventory showed that 160 units were on hand. How many units did the company sell during January, 2015?
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, 2015 are as follows:  An end of the month (1/31/15) inventory showed that 160 units were on hand. How many units did the company sell during January, 2015?
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, 2015 are as follows:  An end of the month (1/31/15) inventory showed that 160 units were on hand. How many units did the company sell during January, 2015?
A)60 
B)160 
C)200 
D)240

Effie Company Uses a Periodic Inventory System