The following details relate to a perpetual inventory system:
$$\begin{array} { l c }
& \$ \
\text { Purchases on credit } & 765000 \
\text { Cost of goods sold } & 816000 \
\text { Inventory at end } & 255000
\end{array}$$
What was the value of opening inventory?

Question

The following details relate to a perpetual inventory system:
$$\begin{array} { l c } 
& \$ \
\text { Purchases on credit } & 765000 \
\text { Cost of goods sold } & 816000 \
\text { Inventory at end } & 255000
\end{array}$$
What was the value of opening inventory?

Quizplus · Accepted Answer

The Answer of The following details relate to a perpetual inventory system:
$$\begin{array} { l c } 
& \$ \
\text { Purchases on credit } & 765000 \
\text { Cost of goods sold } & 816000 \
\text { Inventory at end } & 255000
\end{array}$$
What was the value of opening inventory?

The Following Details Relate to a Perpetual Inventory System What Was the Value of Opening Inventory? A) $459 000

The Following Details Relate to a Perpetual Inventory System What Was the Value of Opening Inventory?
A) $459 000