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Tumbler Co. had an inventory balance of $14,250 on January 1, purchased $36,000 during the accounting period, and the cost of goods sold was
Tumbler Co. had an inventory balance of $14,250 on January 1, purchased $36,000 during the accounting period, and the cost of goods sold was $25,000. What is the ending balance in the inventory account? OA. $36,000 B. $50,250 OC. $24,250 OD. Not enough information provided R
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Government and Not for Profit Accounting Concepts and Practices
Authors: Michael H. Granof, Saleha B. Khumawala
6th edition
978-1-119-4958, 9781118473047, 1118155971, 1118473043, 978-1118155974
