The following amounts were recorded by a company Inventory Purchases Shipping (freight in) for...

 

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The following amounts were recorded by a company • Inventory Purchases • Shipping (freight in) for purchases • Advertising Expenses • Returned Purchases • Sales Revenue The total value of inventory is: a) $78,400 b) $73,400 c) $32,600 d) $83,400 $80,000 400 5,000 2,000 120,000 The following amounts were recorded by a company • Inventory Purchases • Shipping (freight in) for purchases • Advertising Expenses • Returned Purchases • Sales Revenue The total value of inventory is: a) $78,400 b) $73,400 c) $32,600 d) $83,400 $80,000 400 5,000 2,000 120,000

Answer rating: 100% (QA)

To find the total value of the inventory you can use the following formula TotalInventoryInvento... View the full answer