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Evans Company Had the Following Balances and Transactions During 2014

Question 124

Multiple Choice

Evans Company had the following balances and transactions during 2014. Evans Company had the following balances and transactions during 2014. What is the amount of the company's Merchandise Inventory, as disclosed in the December 31, 2014 balance sheet as per the periodic last-in, first-out (LIFO) costing method? A) $400 B) $490 C) $560 D) $540 What is the amount of the company's Merchandise Inventory, as disclosed in the December 31, 2014 balance sheet as per the periodic last-in, first-out (LIFO) costing method?


A) $400
B) $490
C) $560
D) $540

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