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Graham Company Uses a Periodic Inventory System

Question 18

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Graham Company uses a periodic inventory system.Details for the inventory account for the month of January, 2011 are as follows: Graham Company uses a periodic inventory system.Details for the inventory account for the month of January, 2011 are as follows: An end of the month (1/31/11) inventory showed that 180 units were on hand.How many units did the company sell during January, 2011? A) 120 B) 180 C) 300 D) 420 An end of the month (1/31/11) inventory showed that 180 units were on hand.How many units did the company sell during January, 2011?


A) 120
B) 180
C) 300
D) 420

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