Question
Abaco Enterprises had beginning inventory of $30,000 at March 1, 2011. During the month, the company made purchases of $240,000. The inventory at the end
Abaco Enterprises had beginning inventory of $30,000 at March 1, 2011. During the month, the company made purchases of $240,000. The inventory at the end of the month is $34,000. What is cost of goods available for sale for the month of March?
a. $30,000
b. $34,000
c. $236,000
d. $270,000
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IRS Audit Protection And Survival Guide Bars And Restaurants
Authors: Gerald F. Bernard, Daniel J. Baran
1st Edition
0471166375, 978-0471166375
