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    Accounting Business Reporting
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    Exam 6: Income Statement and Statement of Changes in Equity
  5. Question
    If Sales = $45 000,purchases = $25 000,beginning Inventory =
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If Sales = $45 000,purchases = $25 000,beginning Inventory =

Question 33

Question 33

Multiple Choice

If sales = $45 000,purchases = $25 000,beginning inventory = $10 000 and ending inventory = $8000 cost of sales is:


A) $18 000
B) $27 000
C) $7000
D) $20 000

Correct Answer:

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