Multiple Choice
The cost of merchandise sold from the following data is as follows: sales $80,000, beginning inventory $5,000, purchases $21,800, purchase discounts $790, ending inventory $5,100.
A) $21,560
B) $20,190
C) $20,910
D) $21,650
E) None of these
Correct Answer:
Verified
Correct Answer:
Verified
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