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    Introductory Financial Accounting for Business Study Set 1
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    Exam 5: Accounting for Inventories
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    Taylor Company Had Beginning Inventory of $830 and Ending Inventory
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Taylor Company Had Beginning Inventory of $830 and Ending Inventory

Question 147

Question 147

Multiple Choice

Taylor Company had beginning inventory of $830 and ending inventory of $1,200. Taylor Company had cost of goods sold amounting to $2,610. What is the amount of inventory that was purchased during the period?


A) $2,150
B) $2,980
C) $4,640
D) $3,810

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