Multiple Choice
Bihary Company has a beginning balance in its inventory account of $2,250 and the ending balance is $1,500. Cost of goods sold is $9,750. According to the cost of goods sold model, what was the amount of inventory purchased during the year?
A) $ 750
B) $ 9,000
C) $10,500
D) $11,250
Correct Answer:
Verified
Correct Answer:
Verified
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