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Author Question: Picasso's Paint Co. had an inventory balance of $4,200 on January 1. During the accounting period ... (Read 58 times)

Zoey63294

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on: Feb 18, 2020
Picasso's Paint Co. had an inventory balance of $4,200 on January 1. During the accounting period they made purchases of $12,500. The ending inventory balance was $2,250. If Picasso's Paint Co. uses the periodic inventory system, what is the cost of inventory sold during the period?
◦ $16,700
◦ $12,500
◦ $14,450
◦ $18,950
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by Zoey63294 on Feb 18, 2020

bigsis44

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Zoey63294

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Reply 2 on: Feb 18, 2020
YES! Correct, THANKS for helping me on my review

matt95

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Reply 3 on: Yesterday
Excellent

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