Question

The following information regarding Rag Ltd.’s merchandise inventory for the year 20x3 is available: Beginning inventory...

The following information regarding Rag Ltd.’s merchandise inventory for the year 20x3 is available:

Beginning inventory

$40701

Purchases

218874

Year-end inventory

49422


What was Rag Ltd.’s cost of goods sold for the year ending December 31, 20x3?

Select one:

a. $210153

b. $259575

c. $308997

d. $-178173

Business   Accounting   
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Homework Answers

Answer #1

Ans is A $210153

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