Use this information to answer the following question. In addition,beginning merchandise inventory was $11,000 and ending merchandise inventory was $7,000.
Cost of goods sold for the period was
A)$31,000.
B)$25,000.
C)$38,000.
D)$23,000.

Question

Use this information to answer the following question.  In addition,beginning merchandise inventory was $11,000 and ending merchandise inventory was $7,000.
Cost of goods sold for the period was
A)$31,000. 
B)$25,000. 
C)$38,000. 
D)$23,000.

Quizplus · Accepted Answer

The Answer of Use this information to answer the following question.  In addition,beginning merchandise inventory was $11,000 and ending merchandise inventory was $7,000.
Cost of goods sold for the period was
A)$31,000. 
B)$25,000. 
C)$38,000. 
D)$23,000.

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