If Beginning Inventory (BI) + Purchases (P) - Ending Inventory

question 22

Multiple Choice

If Beginning Inventory (BI) + Purchases (P) - Ending Inventory (EI) = Cost of Merchandise Sold (COMS) , an equivalent equation can be written as?

• A) BI + P = COMS - EI
• B) BI - P = COMS + EI
• C) BI + P = COMS + EI
• D) EI + P = COMS - BI