Short Answer
May Flower Company has a starting Inventory of $14,600 and had the following transaction totals for the month. Use this information to answer the questions below.
Sales Returns and Allowances $300
Sales Discounts 200
Purchases 3,000
Sales 8,000
Cost of Goods Sold 6,600
Purchases Discount 300
Freight 600
Based on the above, ending Inventory is ________.
Correct Answer:
Verified
Correct Answer:
Verified
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