s a merchandising company Lest month the companys merchandis

s a merchandising company Lest month the company\'s merchandise purdheses taled 67 000 The conpany s com er goods sold fut the 0 O $67,000 O 5108.000 70.000 O $61,000

Solution

Beginning inventory 19000 Add: Purchases 67000 Cost of goods available 86000 Less: Ending inventory 22000 Cost of goods sold 64000 Option 4 is correct