Multiple Choice
Gabel Inc.is a merchandising company.Last month the company's merchandise purchases totaled $63,000.The company's beginning merchandise inventory was $13,000 and its ending merchandise inventory was $15,000.What was the company's cost of goods sold for the month?
A) $91,000
B) $63,000
C) $65,000
D) $61,000
Correct Answer:
Verified
Correct Answer:
Verified
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