Cost of goods sold is $108,000, beginning inventory is $20,000 and purchases is $100,000. What is ending inventory?
A) $32,000
B) $12,000
C) $128,000
D) $102,000
Correct Answer:
Verified
Q141: Cost of goods sold is $108,000, ending
Q142: Fill in the missing amounts for
Q143: Table 5-3 Q144: Cost of goods sold plus ending inventory Q145: Beginning inventory plus net purchases and plus Q147: The following items were taken from Q148: The following refers to periodic inventory: Q149: Table 5-5 Q150: Purchases of inventory minus purchase discounts and Q151: Table 5-4
The following items were taken
The following data is for
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