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Williams Company Had the Following Balances and Transactions During 2013

Question 21

Multiple Choice

Williams Company had the following balances and transactions during 2013. Williams Company had the following balances and transactions during 2013. What would the company's inventory amount be on the 31 December 2013 balance sheet if the perpetual FIFO method is used? (Answers are rounded to the nearest dollar.) A) $1 050 B) $1 200 C) $1 170 D) $1 100 What would the company's inventory amount be on the 31 December 2013 balance sheet if the perpetual FIFO method is used? (Answers are rounded to the nearest dollar.)


A) $1 050
B) $1 200
C) $1 170
D) $1 100

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