Question: Question 11/12 A company started the year with $10,000 of inventory. Purchases for resale during the year were $20,000. Inventory on December 31 is $5,000.

 Question 11/12 A company started the year with $10,000 of inventory.

Purchases for resale during the year were $20,000. Inventory on December 31

Question 11/12 A company started the year with $10,000 of inventory. Purchases for resale during the year were $20,000. Inventory on December 31 is $5,000. What's the cost of goods sold? $5,000 $10,000 $25,000 $30,000 $35,000

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