Beginning Inventory + Purchases - Ending Inventory = O Inventory on the balance sheet O Cost of Goods Sold on the income statement O Cost of Goods Sold on the balance sheet O Goods Available for Sale on the balance sheet O Inventory on the income statement Goods Available for Sale on the income statement

Beginning Inventory + Purchases - Ending Inventory = Inventory on the balance sheet Cost of Goods Sold on the income statement Cost of Goods Sold on the balance sheet Goods Available for Sale on the balance sheet Inventory on the income statement Goods Available for Sale on the income statement