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The Betta Corp's Inventory Account Balance Was $1,450 at the End

Question 125

Multiple Choice

The Betta Corp's inventory account balance was $1,450 at the end of the year. A physical inventory count revealed that inventory on hand was $1,150. What amount should Betta report on the balance sheet for inventory?


A) $300
B) 1,150
C) $1,450
D) $2,600

Correct Answer:

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