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please iam now exam??? 01:0:40 Taim company had Goods costing $135,000 in inventory at Dec31, 2020. During January of 2021, the company purchased goods costing
please iam now exam???
01:0:40 Taim company had Goods costing $135,000 in inventory at Dec31, 2020. During January of 2021, the company purchased goods costing $40,000, and sold goods which it had purchased at a total cost of 55,000. Based upon the above information, select the best answer for the following questions assume that Taim's uses a perpetual inventory system. The total debited to the Inventory account during January was: Question 4 / 25 1. O $135000 2. O $55,000 3. O $40,000 4. O $120.000 5. OSO. 6. O Some other amount Question 5/25 The balance in the Inventory account at 31 January was: 1. O $135,000 2. O $175,000. 3. OSO 4. O $120,000 5. $95.000 6. Some other amount Activate WindowsStep by Step Solution
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