Inventories and Cost of Sales Which statement(s) below correctly describe(s) the relationship of cost of goods sold and ending Inventory? (Check all that apply.) Check all that apply. Cost of goods sold plus ending inventory will equal the total goods available for sale. Cost of goods sold plus goods available for sale will equal total goods in ending inventory. Cost of goods available for sale must be allocated between cost of goods sold and ending Inventory. Cost of goods sold will equal total ending inventory. Do you know the answer? I know it Think so Unsure No Idea DOLL Which statement(s) below correctly describe(s) the relationship of cost of goods sold and ending inventory? (Check all that apply.) Check all that apply. Cost of goods sold plus ending inventory will equal the total goods available for sale. Cost of goods sold plus goods available for sale will equal total goods in ending inventory. Cost of goods available for sale must be allocated between cost of goods sold and ending inventory. Cost of goods sold will equal total ending inventory