Multiple Choice
If beginning inventory is $5,000,ending inventory is $3,000,net purchases is $12,000 and Freight-in is $400,what is the Cost of Goods Available for Sale?
A) $17,400
B) $17,000
C) $14,400
D) $14,000
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Freight-in is<br>A) a Cost of Selling Goods.<br>B)
Q26: Adjusting journal entries still need to be
Q43: The amount for Cost of Goods Sold
Q106: Income Summary,before closing to Capital,contains a debit
Q107: In what category in a classified balance
Q108: A company paid next month's rent in
Q110: Net Purchases are:<br>A)Total Purchases + Purchases Discounts
Q113: Plant and Equipment includes which of the
Q114: Reversing entries are the opposite of closing
Q116: The post-closing trial balance would include Sales