Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN: 9781337788281
Author: James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher: Cengage Learning
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General Accounting
Transcribed Image Text:BrightStar Trading had a beginning inventory of
$5,000, purchases during the year totalled $25,000,
and sales amounted to $24,000. What is the ending
inventory?
A) $4,000
B) $6,000
C) $7,000
D) $9,000
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