Question: According to the table below, what is the remaining inventory? Beginning Inventory 100 black pens 152 blue pens 70 #2 pencils 50 packs of paper

According to the table below, what is the remaining inventory? Beginning Inventory 100 black pens 152 blue pens 70 #2 pencils 50

Beginning Inventory 100 black pens 152 blue pens 70 #2 pencils 50 packs of paper clips 40 packs of staplers 35 office phones 5 boxes of white copy paper 10 boxes of blue color paper 15 boxes of pink color paper 9 boxes of yellow color paper Ending Inventory 100 black pens 132 blue pens 30 #2 pencils 42 packs of paper clips 40 packs of staplers 33 office phones 5 boxes of white copy paper 8 boxes of blue color paper 5 boxes of pink color paper 7 boxes of yellow color paper Used Inventory 0 black pens 20 blue pens 40 #2 pencils 8 packs of paper clips 0 packs of staplers 2 office phones 0 boxes of white copy paper 2 boxes of blue color paper 10 boxes of pink color paper 2 boxes of yellow color paper

Step by Step Solution

3.40 Rating (147 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Remaining Inventory It is the inventory which is not used or sold at the en... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!