Question

beginning inventory is 142,000. during the period a company has three purchases of inventoty with a cost of 75,000.80,000 and 56,000 also during the period inventory with the cost of 190,000 was sold to customers for 260,000 .what is the ending balance of inventory

Answer 1

A) $163,000.  is the ending balance of inventory.

$142,000 + $75,000 + $80,000 + $56,000 − $190,000 = $163,000;

Force or stock refers to the goods and accouterments that a business holds for the ultimate thing of resale, product or utilization. force operation is a discipline primarily about specifying the shape and placement of graded goods. Inventory refers to all the particulars, goods, wares, and accouterments held by a business for dealing in the request to earn a profit. For example, If a review seller uses a vehicle to deliver journals to the guests, only the review will be considered inventory.

The four types of force most generally used are Raw Accoutrements, Work-In-Process ( WIP), Finished Goods, and conservation, form, and Overhaul( MRO).

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