How to compute the amount of the ending inventory


Pre-tax income, $12,000; total operating expense (not including income tax) $20,000; sales revenue $120,000; Beginning balance $8,000; and purchases $90,000; compute the amount of the ending inventory?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: How to compute the amount of the ending inventory
Reference No:- TGS0707519

Expected delivery within 24 Hours