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  3. Study Set
    Fundamentals of Financial Accounting
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    Exam 7: Reporting and Interpreting Inventories and Cost of Goods Sold
  5. Question
    A Fire Destroyed Some of Powell Company's Records
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A Fire Destroyed Some of Powell Company's Records

Question 66

Question 66

Multiple Choice

A fire destroyed some of Powell Company's records.Information from the documents found related to inventory is listed below.
A fire destroyed some of Powell Company's records.Information from the documents found related to inventory is listed below.   What was the amount of inventory that was purchased during the year? A)  $478,000 B)  $565,000 C)  $412,000 D)  $499,000
What was the amount of inventory that was purchased during the year?


A) $478,000
B) $565,000
C) $412,000
D) $499,000

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