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T-Accounts for the Inventory Accounts of the Arturo Manufacturing Company

Question 160

Multiple Choice

T-accounts for the inventory accounts of the Arturo Manufacturing Company are shown below. This data represents transactions for the year of 2012. T-accounts for the inventory accounts of the Arturo Manufacturing Company are shown below. This data represents transactions for the year of 2012. -Based on the data shown here, what was the amount of the cost of goods sold? A) $598,500 B) $591,000 C) $42,000 D) $7,500
-Based on the data shown here, what was the amount of the cost of goods sold?


A) $598,500
B) $591,000
C) $42,000
D) $7,500

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