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Assume Walmart purchased 60 pairs of gloves at a cost of $3 per pair. Walmart sells th gloves for $11 per pair. At the end

Assume Walmart purchased 60 pairs of gloves at a cost of $3 per pair. Walmart sells th gloves for $11 per pair. At the end of the accounting period, Walmart has 12 pairs of the gloves still on the store shelf.

1. The cost of good sold should be:

a. 35 $

b. 132$

c. 144$

d. 180$

e. 528$

2. The dollar amount of Goods available for sale period should be

a. 36$

b. 132$

c. 144$

d.180$

e.528$

3. The balance of the inventory account should be:

a. 36$

b. 132$

c.144$

d. 180$

e. 528$

4. The amount of sales revenue for the period should be:

a. 36$

b. 132$

c. 144$

d. 180$

e. 528$

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