Graham Company uses a periodic inventory system. Details for the inventory account for the month of January, 2010 are as follows: An end of the month (1/31/10) inventory showed that 120 units were on hand. How many units did the company sell during January, 2010?
A) 80
B) 120
C) 200
D) 280

Question

Graham Company uses a periodic inventory system. Details for the inventory account for the month of January, 2010 are as follows:  An end of the month (1/31/10) inventory showed that 120 units were on hand. How many units did the company sell during January, 2010?
A) 80 
B) 120 
C) 200 
D) 280

Quizplus · Accepted Answer

The Answer of Graham Company uses a periodic inventory system. Details for the inventory account for the month of January, 2010 are as follows:  An end of the month (1/31/10) inventory showed that 120 units were on hand. How many units did the company sell during January, 2010?
A) 80 
B) 120 
C) 200 
D) 280

Graham Company Uses a Periodic Inventory System