Use the Information Below to Answer the Following Questions -The Amount of Inventory Purchased During the Year Was:
A)

question 48

Multiple Choice

Use the information below to answer the following questions:
$\begin{array}{lr}\text { Inventory } 1 \text { July } 2011 & 20000 \\ \text { Inventory 30 June 2012 } & 30000 \\ \text { Accounts payable 1 July 2011 } & 38000 \\ \text { Accounts payable 30 June 2012 } & 47000 \\ \text { Cost of goods sold } & 500000\end{array}$
-The amount of inventory purchased during the year was:

• A) $490 000
• B) $500 000
• C) $510 000
• D) $520 000.

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Definitions:

Color-coding

A system for displaying information by using different colors to categorize, organize, or prioritize.

Filing System

An organized method for storing documents, files, and information so they can be easily retrieved, managed, and kept in order.

Indexing

The naming of a file.

Tapered Extension

A narrowing or reducing in thickness towards one end of an object or structure.