Question: what are the correct answer for these? Beginning inventory plus purchases equals: O goods available for sale O ending inventory o cost of goods sold.

what are the correct answer for these?

what are the correct answer for these? Beginning inventory plus purchases equals:

O goods available for sale O ending inventory o cost of goods

Beginning inventory plus purchases equals: O goods available for sale O ending inventory o cost of goods sold. O net purchases. Inventory is reported as a(n)on the: O current asset: balance sheet and income statement expense; balance sheet current asset balance sheet only O expense; income statement Which inventory system updates the inventory account only at the end of the accounting period O Periodic O FIFO O LIFO Perpetual

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