Use this information to answer the following question. In addition, beginning merchandise inventory was $22,000 and ending merchandise inventory was $14,000.
Cost of goods sold for the period was
A) $62,000.
B) $50,000.
C) $76,000.
D) $46,000.

Question

Use this information to answer the following question.  In addition, beginning merchandise inventory was $22,000 and ending merchandise inventory was $14,000.
Cost of goods sold for the period was
A) $62,000. 
B) $50,000. 
C) $76,000. 
D) $46,000.

Quizplus · Accepted Answer

The Answer of Use this information to answer the following question.  In addition, beginning merchandise inventory was $22,000 and ending merchandise inventory was $14,000.
Cost of goods sold for the period was
A) $62,000. 
B) $50,000. 
C) $76,000. 
D) $46,000.

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