Question
Closing inventory on October 31, 2020 was $600. Purchases on that day were $120. If issues on November 1, 2020 totaled $400, what was the
Closing inventory on October 31, 2020 was $600. Purchases on that day were $120. If issues on November 1, 2020 totaled $400, what was the closing book inventory on that day?
Select one:
a. $520
b. $320
c. $480
d. $200
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The Successful Audit New Ways To Reduce Risk Exposure And Increase Efficiency
Authors: Felix Pomeranz
1st Edition
1556233914, 978-1556233913
