If beginning inventory is ($60) 000, cost of goods purchased is ($380) 000, and ending inventory is
Question:
If beginning inventory is \($60\) 000, cost of goods purchased is \($380\) 000, and ending inventory is \($50\) 000, what is cost of sales?
(a) \($390\) 000.
(b) \($370\) 000.
(c) \($330\) 000.
(d) \($420\) 000.
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Related Book For 
Financial Accounting Reporting, Analysis And Decision Making
ISBN: 9780730363279
6th Edition
Authors: Shirley Carlon
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