Riverside Software began. January with \(\$ 3,500\) of merchandise inventory. During January, Riverside made the following entries for its inventory transactions:

What was the value of Riverside's inventory at the end of January?

a. \(\$ 0\)

b. \(\$ 4,000\)

c. \(\$ 4,500\)

d. \(\$ 5,500\)

Transcribed Image Text:

A B C D 1 Inventory 6,000 234 Accounts Payable 6,000 Accounts Receivable 7,200 Sales Revenue 7,200 5 Cost of Goods Solc 5,500 6 7 Inventory 5,500