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Brill company reported the following year-end amount: Beginning Inventory $7,650 Net Cost of Purchases 33,750 Ending Inventory Cost of Goods Sold 31,050 What is Brill Company's Ending Inventory for the year? A. $7,650 B. $2,700 C. $4,950 D. $10,350

Brill company reported the following year-end amount: Beginning Inventory $7,650 Net Cost of Purchases 33,750 Ending Inventory Cost of Goods Sold 31,050 What is Brill Company's Ending Inventory for the year? A. $7,650 B. $2,700 C. $4,950 D. $10,350

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Ending Inventory?

Brill company reported the following year-end amount: Beginning Inventory $7,650 Net Cost of Purchases 33,750 Ending Inventory Cost of Goods Sold 31,050 What is Brill Company's Ending Inventory for the year? A. $7,650 B. $2,700 C. $4,950 D. $10,350
Transcribed Image Text:Brill company reported the following year-end amount: Beginning Inventory $7,650 Net Cost of Purchases 33,750 Ending Inventory Cost of Goods Sold 31,050 What is Brill Company's Ending Inventory for the year? A. $7,650 B. $2,700 C. $4,950 D. $10,350
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