FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question

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
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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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