Multiple Choice
Langston Company updates its inventory periodically.The company's cost of goods sold was $2,700 and purchases were $5,600 during the year.The company's ending inventory count was $5,000.What was the amount of beginning inventory?
A) $3,300
B) $13,300
C) $7,900
D) $2,100
Correct Answer:
Verified
Correct Answer:
Verified
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