Multiple Choice
Retail Company reported the following amounts on its 20B income statement: Purchases,$45,000; Beginning 20B inventory,$15,000; and Cost of goods sold,$50,000.What was the 20B ending inventory?
A) $10,000
B) $25,000
C) $26,000
D) $27,000
Correct Answer:
Verified
Correct Answer:
Verified
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