Acme,Inc.had cost of goods sold of $2,000.If beginning inventory was $2,100 and ending inventory was $500,Acme's purchases must have been:
A) $400.
B) $600.
C) $1,600.
D) $3,600.

Question

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The Answer of Acme,Inc.had cost of goods sold of $2,000.If beginning inventory was $2,100 and ending inventory was $500,Acme's purchases must have been:
A) $400.
B) $600.
C) $1,600.
D) $3,600.

Acme,IncHad Cost of Goods Sold of $2,000