Ronald Company Had the Following Balances and Transactions During 2014

question 153

Multiple Choice

Ronald Company had the following balances and transactions during 2014. What is the amount of the company's Merchandise Inventory, as disclosed in the December 31, 2014 balance sheet as per the periodic weighted-average costing method?

• A)$186
• B)$140
• C)$398
• D)$651

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