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Up-A-Creek Company Had Ending Inventory of $60,000,purchases of $200,000,beginning Accounts

Question 181

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Up-a-Creek Company had ending inventory of $60,000,purchases of $200,000,beginning accounts payable of $100,000,ending accounts payable of $80,000 and cost of goods sold of $150,000.What was the amount of beginning inventory?


A) $90,000
B) $10,000
C) $30,000
D) $150,000

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