If beginning inventory is $60,000, cost of goods purchased is $380,000, and ending inventory is $50,000, cost
Question:
If beginning inventory is $60,000, cost of goods purchased is $380,000, and ending inventory is $50,000, cost of goods sold is:
(a) $390,000.
(b) $370,000.
(c) $330,000.
(d) $420,000.
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Related Book For
Financial Accounting
ISBN: 9781119298229,9781119305842
10th Edition
Authors: Jerry J. Weygandt , Donald E. Kieso , Paul D. Kimmel
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