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George Co. purchased inventory of $2,200 and had ending inventory of $200. George Co. reported cost of good sold amounting to $3,600. Based on this
George Co. purchased inventory of $2,200 and had ending inventory of $200. George Co. reported cost of good sold amounting to $3,600.
Based on this information, George Co. must have had beginning inventory amounting to:
| a. | $2,400 | |
| b. | $ 1,600. | |
| c. | $ 5,800. | |
| d. | $ 2,000. | |
| e. | $ 1,200. |
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