The mills company purchased merchandise costing 150000 what


The Mills Company purchased merchandise costing $150,000. What is the cost of goods sold under each assumption below?

Beginning Inventory

Ending Inventory

(a) 100,000

60,000

(b) 75,000

50,000

(c) 50,000

30,000

(d) 0

10,000

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Accounting Basics: The mills company purchased merchandise costing 150000 what
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