Multiple Choice
At the beginning of September, 2014, GLF Company reported Inventory of $8,000. During the month, the company made purchases of $23,400. At September 30, 2014, a physical count of inventory reported $9,600 on hand. Cost of goods sold for the month is
A) $1,800.
B) $23,400.
C) $21,800.
D) $35,400.
Correct Answer:
Verified
Correct Answer:
Verified
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