With a Periodic Inventory System If Inventory at Start Is

question 33

Multiple Choice

With a periodic inventory system if inventory at start is $25 000, purchases $123 000 and inventory at end as per physical stocktake is $20 000, what is the estimated cost of sales?

• A) $148 000
• B) $123 000
• C) $168 000
• D) $128 000

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