Question: me solve this problem Question 6 14 pts Cruz Inc uses the perpetual inventory system. At the beginning of the quarter, Cruz Inc has $85,134
me solve this problem
Question 6 14 pts Cruz Inc uses the perpetual inventory system. At the beginning of the quarter, Cruz Inc has $85,134 in inventory. During the quarter the company purchases $22,432 of new inventory from a vendor, returned $5,974 of inventory to the vendor, and took advantage of discounts from the vendor of $500. The cost of goods sold for the quarter amounted to 45,988. Calculate Ending InventoryStep by Step Solution
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