The 20B Records of Tom Company Showed Beginning Inventory, $6,000;

question 130

Multiple Choice

The 20B records of Tom Company showed beginning inventory, $6,000; cost of goods sold, $14,000; and ending inventory, $8,000. What was the purchases amount for 20B?

• A) $12,000
• B) $9,000
• C) $10,000
• D) $16,000

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