Refer to the information above. Washington maintains a subsidiary ledger account for each type of TV carried in the store. An examination of the account for the Flat TV model at the end of February would show:
A) 4 units on hand with a total value of $1,400.
B) 4 units on hand with a total value of $5,600.
C) 13 units on hand with a total value of $18,200.
D) The amount that Washington owes to Bass.

Question

Quizplus · Accepted Answer

The information provided does not give any indication of units sold, so we cannot determine the exact number of units on hand. However, we are given that at the end of February, the cost of Flat TV models on hand is $5,600. Therefore, the correct answer is B.

Refer to the Information Above