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At the Beginning of September 2015, Stella Company Reported Inventory

Question 152

Multiple Choice

At the beginning of September 2015, Stella Company reported Inventory of $8,000. During the month, the company made purchases of $35,600. At September 30, 2015, a physical count of inventory reported $8,400 on hand. Cost of goods sold for the month is


A) $35,200.
B) $35,600.
C) $36,000.
D) $43,600.

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